2014 - 2019, we formed this very distinct support level that had 3 touch points before price took off...
The last 2 touch points out of the 3 during 2014-2019, saw the weekly RSI dip below 30
2022 we dipped below 30 & formed our 2nd touch point of this cycle
When Weekly RSI hits 30 again, $110 could literally be the zone we bottom at before the mega rally
The last 2 touch points out of the 3 during 2014-2019, saw the weekly RSI dip below 30
2022 we dipped below 30 & formed our 2nd touch point of this cycle
When Weekly RSI hits 30 again, $110 could literally be the zone we bottom at before the mega rally
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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.