preparing for a downside trend

10 באוג׳ 2023

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

20 באוג׳ 2023

הערה

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