Essentially, I expected this move as we mentioned earlier abou | Paul’s Trades - (CRYPTO CENTRAL)
Essentially, I expected this move as we mentioned earlier about a short squeeze before we can move lower - except not to this extent. I believer squeeze was over at our entry, but we had a slight further push. Nothing to be concerned about
Oh the technical side of things, we rejected off the psy-hi. Looking real nice. We’ve multiple bearish divergences, will outline them.
SRSI, RSI, Hist, MOM, CMF & MFI on 5m
MFI/MACD on 15m
CMF on 4H