The price needs to stay above 1.85 to reverse the bearish trend.
Both the daily and weekly MACD charts are showing a bearish crossover (DC).
Meanwhile, the RSI remains in oversold territory, which is an area I’m hesitant to risk my capital in.
Both the daily and weekly MACD charts are showing a bearish crossover (DC).
Meanwhile, the RSI remains in oversold territory, which is an area I’m hesitant to risk my capital in.
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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.