Price still failed to form a higher high (indicates downtrend), but the RSI already shows a divergence. A bullish reversal, breaking up the downward channel, may happen soon!
Note
Massive downwards movement.
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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.