XLMBTC has formed a bearish crab pattern and likely to drop soon,the RSI is going for 3rd time in overbought zone. At this time only wick of candles touched the sell area which is defined in chart.
As per volume indicator the buyers are still active even on current candle but volume profile is showing that on upper area of candle the trader's interest is weak in order push the price up from here more interest of buyers is required.
If the price action drops from here it can atleast move up to POC of volume profile.
Regards,
Atif Akbar (Moon333)
As per volume indicator the buyers are still active even on current candle but volume profile is showing that on upper area of candle the trader's interest is weak in order push the price up from here more interest of buyers is required.
If the price action drops from here it can atleast move up to POC of volume profile.
Regards,
Atif Akbar (Moon333)
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