The current situation:
1. Price action looks like it's forming an ascending triangle on the 15M chart, with the measured move to be above 6 USD.
2. There currently is bearish divergence on the RSI, I predict it could pull back to the 21 moving average.
* These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
1. Price action looks like it's forming an ascending triangle on the 15M chart, with the measured move to be above 6 USD.
2. There currently is bearish divergence on the RSI, I predict it could pull back to the 21 moving average.
* These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
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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.