Both the one hour chart and the three day chart have moving average targets (indicated) that have been met. This gives further credence to the reversal idea I touted just a few minutes ago. As long as these supporting averages can hold here I'm fairly optimistic.
Also, you can see the MacD on the three day chart does look interesting with a potential crossover. Other indicators are somewhat positive too.
Also, you can see the MacD on the three day chart does look interesting with a potential crossover. Other indicators are somewhat positive too.
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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.