For now it is looking like we need more time to consolidate at these levels to allow time for the green line to go out to the side as the energy falls. This would set us up for a bullish trend once the energy starts to come back up
We may see a "small" move up based on what we see in the 1 day time frame but for a big PUMP we need to see similar action in those 2 and 3 day time frames.
We may see a "small" move up based on what we see in the 1 day time frame but for a big PUMP we need to see similar action in those 2 and 3 day time frames.
Note
Note
This chart is the same chart as posted in the idea, just you are able to click on it so you can read the text bubbles and zoom in accordinglyPlease like the idea and comment below any thoughts you may have. I would greatly appreciate it, thanks!
Note
Updated with new 1d and 2d candles.
For now it looks like we are waiting on the red RSI In the daily to see if it can get above 50. Otherwise the green line coming out to the side in the 2 day is a very good sign that we are transitioning to bullish sentiment
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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.