There's an incoming price reversal, as the rsi, bollinger bands and volume suggest that the trend is coming to an end. A clear Price-Volume & Price-RSI Divergence has emerged on the 1H & 4H time frames. In addition,the RSI is extremely overbought on declining volume. Looking to re-enter on a price decline into previous support-resistance (2.41 or 2.61), however, the lower the better.
Commentaire:
Result: I was wrong, but learned in the process