Indicators & Volume
Volume Spike at Bottom: A large green volume bar formed during the last leg down, suggesting potential bottom-fishing or short covering.
BOS Labels ("Break of Structure"): Several BOS points during the decline confirm the bearish structure. No bullish BOS is visible yet — indicating trend has not reversed.
MACD/RSI-style Indicator (Below Chart):
Appears to show bullish momentum divergence: The price made lower lows, but the momentum is slightly rising.
Green dots on the indicator line signal a potential local bottom, but not yet strong confirmation of trend reversal.
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Disclosures:
No positions.
This analysis is for informational purposes only and is not financial advice. It does not constitute a recommendation to buy, sell, or trade any securities, cryptocurrencies, or stocks. Trading involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
Volume Spike at Bottom: A large green volume bar formed during the last leg down, suggesting potential bottom-fishing or short covering.
BOS Labels ("Break of Structure"): Several BOS points during the decline confirm the bearish structure. No bullish BOS is visible yet — indicating trend has not reversed.
MACD/RSI-style Indicator (Below Chart):
Appears to show bullish momentum divergence: The price made lower lows, but the momentum is slightly rising.
Green dots on the indicator line signal a potential local bottom, but not yet strong confirmation of trend reversal.
-----------------------
Disclosures:
No positions.
This analysis is for informational purposes only and is not financial advice. It does not constitute a recommendation to buy, sell, or trade any securities, cryptocurrencies, or stocks. Trading involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
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.
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.