This looks like a double top with a target between 15 and 20k. We have a bearish divergence on the indicator. Currently we are stuck between the 21 week ema and the 50 week ma. If the 50 breaks the market will crash 20% - 40% easy. The noob boys are ignoring all these red flags and are screaming 100k again. What a surprise.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.