๐จ Is $BICO turning bearish again?
Looking at the bigger picture, the chart doesn't inspire much confidence.
๐ The weekly candle has given back most of its gains. ๐ The monthly candle is also on track to close red.
Even after that huge spike, buyers haven't been able to hold higher levels. That's usually a sign that momentum is fading and sellers are still in control.
$MANTA has grab upside liquidity
Unless bulls reclaim key resistance with strong volume, I think the path of least resistance remains to the downside.
Am I the only one seeing a bearish setup here, or do you think this is just a healthy pullback before the next move? ๐
Looking at the bigger picture, the chart doesn't inspire much confidence.
๐ The weekly candle has given back most of its gains. ๐ The monthly candle is also on track to close red.
Even after that huge spike, buyers haven't been able to hold higher levels. That's usually a sign that momentum is fading and sellers are still in control.
$MANTA has grab upside liquidity
Unless bulls reclaim key resistance with strong volume, I think the path of least resistance remains to the downside.
Am I the only one seeing a bearish setup here, or do you think this is just a healthy pullback before the next move? ๐