Downtrend is still in play with minimal market participation.
Look for break above descending resistance, WITH SIGNIFICANT VOLUME, to confirm trend reversal.
It is my opinion that most of the volume over the last while consists mainly of DCA bots, as well as MM bots.
Look for break above descending resistance, WITH SIGNIFICANT VOLUME, to confirm trend reversal.
It is my opinion that most of the volume over the last while consists mainly of DCA bots, as well as MM bots.
Note
Price crossed above the descending resistance, but was quickly rejected. Downtrend still in play.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.