attention guys ! this one is important
so i am sharing you chart
here is the key things we have to keep in mind
1. we can see the volume is decreasing over the time ( which also means the market is trading on he edge of the knife) normally when market keep pumping with lover volume it fakes out most time
2. market is pumping upward . . .
because of the Bitcoin etf and other news circulating in market . . . . news base pump dump as you guys must have experience is unpredictable
sometimes it seems like moving up but it goes down in the end and vice verse . . . hope you get the point
3. RSI is making a long term bearish divergence
(when price is going up and rsi value going down which means a dump is on the way)
but if we se it . . . RSI divergence is also breaking out this is because of the news and everyone seems greedy at the moment
here is what my opinion
market is greedy with all these news and technical break outs etc. . . . . .
as you guys know. . . . . when market is greedy you be fearful and vice versa . . . .
beware guys this is little too much people and all the retailers are blindly trading hoping the Bitcoin gonna explode . . . .
when the hit the realisation it willbe too late for them and thats where we sell. . . .
