/biz/ - Business & Finance

>>54458668
see this burgundy line and this black line? Our price ultimately wants to down but these moving averages are triggering spikes from the algos. See how in the part circled in red it was bouncing around in there then shot up? Well it shot up back to our ceiling which will hold and next time we get through them it wont come back up. See how our rsi is diverging? (bottom red circle) It is showing there is more selling pressure than buying pressure. Then you got this massive wick, this is it, we will plummet here in a min. This last 15 min candle shouldnt have even went this high but it built up so much pressure bouncing around in that little window when it shot out it had a nice boost behind it before it could all get bought up again