15 minute chart has clear signs of a bearish divergence when using price action with the rsi. The 30 minute can also be useful. Macd is how you spot a bullish crossover coming. 20 SMA bullishly crossed over 50 SMA, 200 SMA remains acting as support. New moon today, May 11h. represents change
The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions.
Long term indicators fully support a continuation of the trend.
The market is approaching overbought territory. Be watchful of a trend reversal.
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.
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.