The market is not giving up yet...
( S&P 500 Index )
-The decline continues for 8 weeks and during the week there was a correction/bounce to the mentioned resistance level.
Resistance: 4180
Support: 3860
https://t.co/b6Vvj5ks2d
-Collection FP is in the sideways after updating the highs at the level of 0.15 ETH as a result of the breakout ATH formed at around 0.25 ETH
-Would like to see a retest of vwap or support 0.15 - 0.16 ETH and fixation above the level of 0.2 ETH to save the uptrend.
-A reverse divergence is formed on the (15m) timeframe
-Waiting for volumes and pay attention to the nearest support zones. See consolidation in a descending / rectangular channel.
NFA.DYOR
-RSI has already shown a divergence with the chart from 25.05 when FP reaching ATH and forming a triple top on the (1h) timeframe
-At the moment FP dropped to the 38%-50% fibo level where it tested the support level at around 1.3-1.4 ETH