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NVT 3 day reached ATH

130
looks to me now as if the NVT has possibly topped and The Last 3 day candle Looks very Bearish to me. however NVT can staircase here and price can still go up, corrections will happen and are to be expected at this level, I had originally thought NVT was in a rising channel, and now believe it is in a Horizontal Channel, it will be interesting to see if the channel levels are respected on the way down and if a base is formed in which i would believe upward momentum will continue without a major (80%) correction or more, however if a sharp drop happens and no base is formed Lower prices can be expected before upward momentum continues. the topping Tail candle on the 3 day previous to this one is obviously Bearish. i am looking to see a reaction fr Bitcoin in the 54,000$ area. Good luck everyone.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.