There is an inversion on the RSI and price trend. This could signal a reversal in price. However, price could still be in the bottoming out process.
RSI and MACD are in oversold areas looking to move up. Bullish.
The Fixed Volume and fib retracement tools shows resistances on the way up.
Disclamer: This is not financial advise. This is me sharing some...
The last time Vara was this over sold and had an inversion there were spikes up. June has a smaller inversion on a shorter time span.
There is another inversion happening on a longer time span that is creating a trend lin in the RSI. This time frame spans from last November to june this year.
In about a 2 month timeframe there was a 268% increase in price per...
The last time there was an inversion from the price action and the RSI there was a huge movement short term. You can see this inversion happening again. Huge Upside?
