As we can see, the price has been falling for a while. Recently, the price has broken out from the lower Bollinger Bands, which could be a clue that the price could bounce back.
The Bollinger Bands always have the power that can press the price back to the middle. From the recent push-up, we can see that the power of the Bollinger Bands is strong.
Also, the MACD just made a bullish cross, which means the price could go up soon.
And the RSI is also recovering from the oversold point.
Now, let’s expect the price to go up
The Bollinger Bands always have the power that can press the price back to the middle. From the recent push-up, we can see that the power of the Bollinger Bands is strong.
Also, the MACD just made a bullish cross, which means the price could go up soon.
And the RSI is also recovering from the oversold point.
Now, let’s expect the price to go up
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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.
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.