On the 1H Timeframe the RSI has exited the oversold zone.
Price is testing 200EMA as support on the 4H Timeframe.
I believe the asset could rebound if it consolidates above current support.
Price is testing 200EMA as support on the 4H Timeframe.
I believe the asset could rebound if it consolidates above current support.
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Related publications
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.