Weekly Time-frame

We hit our major supply area $48,000. We can see Retracement from this. All stocks are now in correction including Russel 2000. We broke out from the cloud but got a rejection and now back inside the cloud.

1D Time-frame

Greed and Fear index is now at #56 still in greed. We might have some Retracement coming. 1D Awesome Oscillator is still bullish , and we got a long wick when we hit the supply zone .
RSI almost Overbought. VPVR is now in high volume node which is hard to break.

4H Time-frame

We hit the top $48,000 now we are about to start correcting. We are overbought in Relative Strength Index RSI . Awesome Oscillator is now bearish . but still higher high. We have found support in Fibonacci line at 0.382 and started bouncing. We are about to make lower high.

We will discuss more on the possibility on our Live. Stay tune and check with us!

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