Long
ready for some gains
in my opinion although we have yet to break out of the down trend i think it is a safe time to begin the accumulation. the candle sticks are getting smaller on the monthly with wicks upward. this tells me the bulls are stepping in at these prices. aside from that we are about 85% down from the last swing high. oversold on stock rsi and momentum indicator is making a move upwards diverging from the daily price.
if you like trading with leverage check out buybit using this affiliate link!
bybit.com/app/register?ref=myOl9
bybit.com/app/register?ref=myOl9
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.