Trading volumes decreased on the price correction and the chart reached the support area. The asset has fixed above the 50EMA (4H TF) The 1H TF shows that the price chart and RSI are forming a convergence. RSI is holding above 50 pips. I believe that the asset will rise after fixing above the current area.
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.