Quick #EPIC Chart Analysis | What to Expect

After Hitting it's Monthly high at 2.8, $EPIC formed

double top followed by Marabuzo candle.

Indicating strong selling pressure as early buyers chose

to take out profits immediately. $EPIC bullish rally may

not be just over yet.

It' ATH is at $74.12 & and it's only 2.77% from that value.

There's potential to growth however current sentiments indicates

that sellers ae in control & after M formation we have a

handle also now forming. On 15 MN TF currently

$EPIC is testing MA(99) at 1.875. If this level holds we

could potentially see another move upward or

if broken a down move could send it falling down to 1.3-1.5.

RSI(6) on Daily TF is still at 71, dropping from 92.

Sharp drop indicates the accelerating speed of

current correction, however a potential cat bounce

could trap shorts, if MA(99) holds support.

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