* The has reached a maximum level of 55 and it started to retrace
* The is very close to a crossover above the level of 80, meaning that the price is “overbought” and we are waiting for a trend change
* The upper standard deviation of the has been touched by the price, meaning that the latter is considered “overbought”
* The trading volumes are getting lower and without any fundamentals, the price seem to start a slight decrease.
In this situation, it seems that the next important moment will be the intersection of the price with the 20 days Moving Average and from there, we will have 2 possible scenarios :
* If the price will bounce back from the 20 days MA, there are big chances for the of 0.5229$ to be “tested” again
* If the price will go below the 20 days MA, the next possible “stop” will be the 1 of 0.4702$
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