- Held same price range for ~week
- 15m RSI bullish divergence (RSI made new low, but price did not reflect)
- 2h & 6h RSI bullish divergence (RSI making higher lows, but price is making new lows -signaling selling weakness
- Large sell orders are being absorbed and have little pressure
Price has been in decline since hitting $4.50 in early December. Is
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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.