In my analyze there is a Bullish trend in formation. Carefully watch its evolution. It should make price climb significantly.
Comment
Yellow line here is dangerously approaching the gray one. And this yellow line is forming a kind of landing movement over the gray. this is a significant uptrend move. So when yellow and gray line cross, the trend will really begin. We are just in the beginning of an uptrend formation for now. Let's keep watching.
Comment
The final trend movement will finally be confirmed by the green/gray lines crossing while the yellow stay below them all. I can add a graph capture later if all is confirmed. The indicator at bottom as a significant upward move. the up move is there (in that indicator), but it is still a bit of a soft move up right now. if this line is moving up faster, the trend will also come to formation faster
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.