- Multiple indicators showing levels of support - RSI Div at current levels
- Monthly channel low - Demand recovering starting - RSI supporting bull case - Distribution phase is over
- Can be seen on weekly and monthly charts - Price out of the bearish channel - RSI agreeing with price - Volume higher on price bumps - EMA 50,100,150 following price - changing direction
On bigger time frames, we can see a bullish wave pattern. We're in 4 out of 5. Wave 5 should be as big as wave 1 and coincides with our fib levels