Hello Traders,
After a lot of price manipulation that ended up in a bullish rally, the volume trend is weakening right now.
Price is above all EMAs which indicates a bull trend.
RSI has seen a steady increase as well, and is approaching overbought values.
Odds are for a continuation in the upside, but I'd keep an eye for a break below the 200 MA to prepare for a correction.
After a lot of price manipulation that ended up in a bullish rally, the volume trend is weakening right now.
Price is above all EMAs which indicates a bull trend.
RSI has seen a steady increase as well, and is approaching overbought values.
Odds are for a continuation in the upside, but I'd keep an eye for a break below the 200 MA to prepare for a correction.
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I am taking PineScript Commissions ✔
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