A brief analysis on (1H).
In my opinion the bulls have lost momentum and will not be able to break the $5350 resistace without a correction.
OBV shows us that the selling has been surpassing the buying , and recently crossed to the side and they do not demonstrate strength to react.
I am projecting a to at least $5000, which is 0.618fib from the last upward movement and also coincides with the 200MA region (1H).
Published at Tue, 09 Apr 2019 15:05:31 +0000
