preparing for a downside trend

2023年8月10日

I think that the price is preparing for a downside trend for the following technical reasons
1 monthly resistance
2 bearish divergence on weekly chart
3 bearish divergence on daily chart
4 The rising wedge pattern

2023年8月20日

註釋

Every time the price hit the upper boundary of the wedge, it bounced down.. Will it rebound this time to reach the lower boundary?