Daily re-accumulation pattern.
RSI regained the MA and bounced off the bear zone.
Hidden bullish divergence.
RSI regained the MA and bounced off the bear zone.
Hidden bullish divergence.
Note
stochastic bullish cross up an also bounced off the bearish zone.Note
Volume contracting.Note
$9250 - $9.3k resistance now support. Middle bollinger band.Note
above all moving averages... 10SMA, 21EMA, 55EMA, 89EMA, 200EMA, 200SMA, 377EMANote
Limit buy at $9150 - $9200 up to $9300Note
Stop loss just below $8700 local swing low.
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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.