3-day chart above prints a bearish engulfing candle right at the same price point as previous high. This candle comes at a time when RSI supporting trend line breaks down.
Can price action go higher? Sure... that is possible, however, it is more probable to go lower; especially as Stochastic RSI crosses below 20.
1st target $0.40
2nd target $0.25
Can price action go higher? Sure... that is possible, however, it is more probable to go lower; especially as Stochastic RSI crosses below 20.
1st target $0.40
2nd target $0.25
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR