Still a bit early but here you can see the red arrows showing the downtrend limited to the upside by the moving average.
The latest trend delimited by the orange line is not as sudden as the last ones which indicates to it no longer being a retrace in price (show by red arrows) but a reversal in the current trend.
Looking for a push back above the moving average into the 4$ region
The latest trend delimited by the orange line is not as sudden as the last ones which indicates to it no longer being a retrace in price (show by red arrows) but a reversal in the current trend.
Looking for a push back above the moving average into the 4$ region
Commentaire:
Commentaire:
Refusal of the push above the MA accompanied with the breakdown of trend line looks grim short term. Back to short as bears keep the control at this critical point
Ordre annulé:
beras taking the cake, back to short for now
Commentaire:
bears*
