Toppish
With its little candles the chart looks toppish. This is no wonder after the 70 % rise within less than 1 month. One can imagine that the last 10 candles are rising within a rising wedge.
This would confirm the forthcoming correction but I don't put much attention on it as the candles are to small.
I expect the outbreak to the downside as there is a large open window between 70 and 64.
This would confirm the forthcoming correction but I don't put much attention on it as the candles are to small.
I expect the outbreak to the downside as there is a large open window between 70 and 64.
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