Could we see a possible bottom?
Looks like a falling wedge to me
Daily is near oversold on RSI
4H is already oversold
Next resistance from here is a 35% move to the upside
For now, lets wait and see if there will be any double bottom formation or a quick recovery to the upside.
Tomorrow will be important as CPI is coming out.
Now will be a good buy for a great entrypoint
Hope y'all like this idea
Remember
This is no financial advice, take care🔮
Daily is near oversold on RSI
4H is already oversold
Next resistance from here is a 35% move to the upside
For now, lets wait and see if there will be any double bottom formation or a quick recovery to the upside.
Tomorrow will be important as CPI is coming out.
Now will be a good buy for a great entrypoint
Hope y'all like this idea
Remember
This is no financial advice, take care🔮
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.