Big red alert for $CYS holders. 🚨
Top is probably in (previous H4 candle) - here's why:
- Bearish Chinku head (H4)
- Bearish divergence H4
- Ascending wedge (reversal structure)
After a 500%+ run in just a few days, momentum remains globally bullish above $1.00. Local big support: $1.300 - $1.290.
This zone could be revisited, but a daily break under it could lead to a sharp retracement (exit liquidity). ⚠️ #CYS #Trading
Top is probably in (previous H4 candle) - here's why:
- Bearish Chinku head (H4)
- Bearish divergence H4
- Ascending wedge (reversal structure)
After a 500%+ run in just a few days, momentum remains globally bullish above $1.00. Local big support: $1.300 - $1.290.
This zone could be revisited, but a daily break under it could lead to a sharp retracement (exit liquidity). ⚠️ #CYS #Trading