Possibly fake pomp before dump to 7K
Main trend is bearish and price at the end of second falling wedge (8965).
In short term (4H TF) price and RSI signing bullish divergence.
In liquidity program of whales, possibly the fake pomp will shape soon. If the price bounce on 9250 resistance then the targets of 9300-9500 area on the table.
If the price fake pomp to this area, the best place for short position.
Remember; the main trend is bearish and 7K area will reach soon.
____________________
This is not financial advice, do your own research.
In short term (4H TF) price and RSI signing bullish divergence.
In liquidity program of whales, possibly the fake pomp will shape soon. If the price bounce on 9250 resistance then the targets of 9300-9500 area on the table.
If the price fake pomp to this area, the best place for short position.
Remember; the main trend is bearish and 7K area will reach soon.
____________________
This is not financial advice, do your own research.
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