$NAV, Lower Low Ahead…
Weekly
Looking at our trend timeframe we see price has formed a lower high at 4400, and is now looking for support. Stochastic RSI showing momentum is in favor of bears with no signs of reversal. Will be watching smaller timeframes for a reversal.
Daily
Shifting over to our pattern timeframe we see a triple top has formed at our 4200 resistance, stochastic rsi showing momentum also looking for a lower low. A daily close above 4200 activates our trade, however if rejected at this level expect NAV to sell off towards our 3000 possibly even 1000 depending on BTC’s selloff.
Penerbitan berkaitan
Penafian
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