We have been making lower lows on the daily RSI since the start of the year and even though price has reached a new low the daily RSI has printed a higher low.
Bullish divergence is forming and with price sitting on this amazing support which has shown time and time again it can pivot momentum quickly to the upside I think we there is a high chance there will be a reversal from here.
weekly bullish divergence on the NAS100 cannot be ignored either.
Also the USDT dominance hit exactly the same level as in June 2022 , still waiting for a break and weekly close under this white support line to confirm strong relief rally.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.