Strong RSI divergence on the 1hr chart indicating likely reversal of this short term price correction.
If so and past pasterns repeat then perhaps one more leg down first before the reversal kicks in
Which would bring price near to the bottom of the green channel around $3850
If so and past pasterns repeat then perhaps one more leg down first before the reversal kicks in
Which would bring price near to the bottom of the green channel around $3850
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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.