Unpopular opinion: Bears at play?
Approaching a tough zone of resistance (.030-.032). Additionally inside bars forming on 2h and 4h charts, which signal a reversal.
MACD looks very bullish on 2h chart and up, however the RSI is oversold and looking bearish in addition to the volume tapering off.
It doesn't seem likely that we'll see it punch through that zone of resistance.
Advise watching the day chart closely to see where it closes in the next few days.
MACD looks very bullish on 2h chart and up, however the RSI is oversold and looking bearish in addition to the volume tapering off.
It doesn't seem likely that we'll see it punch through that zone of resistance.
Advise watching the day chart closely to see where it closes in the next few days.
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