We may see a small pump as price action formed a diamond bottom pattern with bullish divergence
Note
Bottom right trend line hasnt bottomed yet.Note
We may have just put in a higher low for the lower right trend of the diamond. With 3 higher lows on the RSI on the 1 hour chart as well.
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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.