After a sustained rise, a small bearish divergence seems to be on the rise to bring some cooling down.
This along with the ABC I have in there could bring the price to the current point of control (taken over the major uptrend).
In case the Bulls have a taste for it and push through to break the resistance line of the triangle of the bigger picture it is important to gain that level to set their sights on the #ATH.
Note if a level like $94.3 is broken then a new Low will be made which will be a bearish signal and may result in a decline towards the $63 ~ $7
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This along with the ABC I have in there could bring the price to the current point of control (taken over the major uptrend).
In case the Bulls have a taste for it and push through to break the resistance line of the triangle of the bigger picture it is important to gain that level to set their sights on the #ATH.
Note if a level like $94.3 is broken then a new Low will be made which will be a bearish signal and may result in a decline towards the $63 ~ $7
be free to leave a comment
Tims.Technische.Analyse by TIMTIBBO