Prob bullish long term, short term not many signs of going back up yet and looks suspiciously like a descending triangle on 1 hour but maybe found support on the fib. Couple of dojis on the 4 hour. Could still be a corrective wave B of the larger wave 2 or develop into an ascending triangle (two options).
RSI a little high on lower timeperiods, 4 hour ok but normally bounces at 30 or below on RSI(8).
Drifted into the 1 hour cloud (10,30,60,30) but not hit the bottom yet to see if it retains as a support nor do we have a TK cross buy signal on that time period. Good support just above 10k and at 8400 aligning with retracement fibs.
Has done a double top at ATH but if it breaks that then there's no resistance going up! At this point wait for its next move, buy a break from the descending triangle or above ATH.
RSI a little high on lower timeperiods, 4 hour ok but normally bounces at 30 or below on RSI(8).
Drifted into the 1 hour cloud (10,30,60,30) but not hit the bottom yet to see if it retains as a support nor do we have a TK cross buy signal on that time period. Good support just above 10k and at 8400 aligning with retracement fibs.
Has done a double top at ATH but if it breaks that then there's no resistance going up! At this point wait for its next move, buy a break from the descending triangle or above ATH.
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