➖ 5 up-waves pattern detected.
➖ Wave five ends as an "inverted hammer" candlestick pattern.
➖ The inverted hammer is followed by a strong bearish candle (confirmation of the pattern); the biggest bearish candle since 11-Jan.
➖ Highest bearish volume right after the top signal.
➖ Bearish divergence on the RSI.
➖ Many GAPs left open on the way up.
➖ Confirmation through correlation to other related markets, i.e., Bitcoin and Coinbase.
👉 Correction target can happen between 25.18 to 27.66.
Thank you for reading.
Namaste.
➖ Wave five ends as an "inverted hammer" candlestick pattern.
➖ The inverted hammer is followed by a strong bearish candle (confirmation of the pattern); the biggest bearish candle since 11-Jan.
➖ Highest bearish volume right after the top signal.
➖ Bearish divergence on the RSI.
➖ Many GAPs left open on the way up.
➖ Confirmation through correlation to other related markets, i.e., Bitcoin and Coinbase.
👉 Correction target can happen between 25.18 to 27.66.
Thank you for reading.
Namaste.
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🚨 TOP FREE Trades
»ETH +1340%
»AAVE +1134%
»XRP +749%
»DOGS +868%
»BTC +563% 👇
t.me/anandatrades/1350
🚨 FREE Quality Content + 🏆New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME
lamatrades.com (Since 2017)
»ETH +1340%
»AAVE +1134%
»XRP +749%
»DOGS +868%
»BTC +563% 👇
t.me/anandatrades/1350
🚨 FREE Quality Content + 🏆New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.