Hi all,
Hope you can give me input since I'm still nothing but an amateur in technical analysis.
What I see on the 2hr chart is:
- Bollingersqueeze coming up, with decline in Chaikin Money Flow and downwards movement of RSI, so expecting the squeeze to break downwards
- Breakdown out of the rising wedge that was formed until yesterday and now trying to get back into this rising wedge but facing resistance up till now
- Bearish divergence in all timeframes between chart and RSI
Should this mean we can count on a breakdown to resistance at 92$ and if rejected at 83$?
Thanks for your input!
Hope you can give me input since I'm still nothing but an amateur in technical analysis.
What I see on the 2hr chart is:
- Bollingersqueeze coming up, with decline in Chaikin Money Flow and downwards movement of RSI, so expecting the squeeze to break downwards
- Breakdown out of the rising wedge that was formed until yesterday and now trying to get back into this rising wedge but facing resistance up till now
- Bearish divergence in all timeframes between chart and RSI
Should this mean we can count on a breakdown to resistance at 92$ and if rejected at 83$?
Thanks for your input!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.