Long
ALPHA Potential Reversal
Price rise was strongly rejected at the August 2024 low, which is now a key level.
Nevertheless, I am currently biased to the upside, with a presence of bullish RSI divergence in the daily chart.
In this scenario, the recent rise would be a leading diagonal (green 1-5).
The gray zone shown in the chart could offer the support needed for a new uptrend leg.
Nevertheless, I am currently biased to the upside, with a presence of bullish RSI divergence in the daily chart.
In this scenario, the recent rise would be a leading diagonal (green 1-5).
The gray zone shown in the chart could offer the support needed for a new uptrend leg.
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📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.