Weekly
The black squares show how I think the price action will most closely resemble on the way down.
Just to simplify things because I can't yet get a full look at the month here is the two week chart and the OBV 10 and 20 look to be crossing bearishly and the topping behavior on the candles seems clearer.
Going the other way timewise to the daily with the 9Season rainbow and volatility stops the bias is to the downside.
Please reivew the linked post for more details. These are some old posts that target set where we are rightnow.
- Weekly volume is falling
- the OBV with EMAS shows that the OBV has hidden bearish divergence between peak to peak as shown by the blue arrows
- the OBV is very tight against the 10 and 20 EMA. This suggest the next move would be the OBV to bearishly cross the 10 and proceed down to the 100EMAm if not below.
- The MACD is showing a technical double top and
- MACD histogram is showing bearish divergence.
- Price action ran up against the bollingerbands and is now chopping sideways with weakening technical, not strengthening.
The black squares show how I think the price action will most closely resemble on the way down.
Just to simplify things because I can't yet get a full look at the month here is the two week chart and the OBV 10 and 20 look to be crossing bearishly and the topping behavior on the candles seems clearer.
Going the other way timewise to the daily with the 9Season rainbow and volatility stops the bias is to the downside.
Please reivew the linked post for more details. These are some old posts that target set where we are rightnow.
And I promise every Floridian that you will all be rich... because we're gonna print some more money! Why didn't anybody ever think of this before?
~Nathan Explosion
~Nathan Explosion
