To The Moon

It’s more that I think the time of this uptrend is coming near its end. The three momentum indicators – the PPO, RSI, and Chaikin Money Flow – all show glaring negative divergences. That is, price is at a new high while none of the momentum indicators are anywhere close to such moves. That can often mean bullish momentum is waning, or the relative absence of new buyers. The same thing occurs at the end of downtrends in reverse, where sellers stop showing up in the same numbers. It doesn’t guaran

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