We had such a this movement in past and in same support line and now we are testing the Old same line and also with almost same chandle stick and price actions which to me is something bullish (if we say history will make it again)
RSI Divergence:
In exact same time we had a Bullish Divergence which moved the market to +45% from the low and it did very good job, as we can see , we had a 25 degree angle on RSI and -18 degree angle on chart , to make it compare to now its almost near to each other with 32 degree angle on RSI and -16 degree angle on the main chart. which it make me think about a good time for have bullish move in short-term
By The Way:
in last Divergence which i mentioned it on chart and RSI we saw 3 Lower low that for now we've had just 2 LL on chart and RSI. Maybe we're going to move a bit more downward before the upward move begins
ALSO, we have a very important support on 50K but if we go lower than that its not a good sign
If you do agree with me or disagree its very good to have your opinions on comment sections.
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.