1) Rising wedge was formed.
2) Bearish divergencies on RSI and MFI.
Target could probably be somewhere around 98%.
2) Bearish divergencies on RSI and MFI.
Target could probably be somewhere around 98%.
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98$
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Bullish divergencies on RSI, Stoch, MACD and several other indicators on the 4-hour chart. Will make another high or gets rejected from 107.
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Trendline was broken on the 1-day chart, next big support lies around 103, 1-month chart is still overbought.
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Strong resistance lies near 108 and bearish divergencies are forming on the 4-hour chart on few indicators. High probability of rejection towards 106 or lower.
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Support on 108 is broken, we could see a retest next week.