➖ 5 up-waves pattern detected.
➖ Wave five ends as an "inverted hammer" candlestick pattern.
➖ The inverted hammer is followed by a strong bearish candle (confirmation of the pattern); the biggest bearish candle since 11-Jan.
➖ Highest bearish volume right after the top signal.
➖ Bearish divergence on the RSI.
➖ Many GAPs left open on the way up.
➖ Confirmation through correlation to other related markets, i.e., Bitcoin and Coinbase.
👉 Correction target can happen between 25.18 to 27.66.
Thank you for reading.
Namaste.
➖ Wave five ends as an "inverted hammer" candlestick pattern.
➖ The inverted hammer is followed by a strong bearish candle (confirmation of the pattern); the biggest bearish candle since 11-Jan.
➖ Highest bearish volume right after the top signal.
➖ Bearish divergence on the RSI.
➖ Many GAPs left open on the way up.
➖ Confirmation through correlation to other related markets, i.e., Bitcoin and Coinbase.
👉 Correction target can happen between 25.18 to 27.66.
Thank you for reading.
Namaste.
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followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
🔥 New Lowest Pricing Ever ➖ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)