Hi,
The orange line in my previous idea worked and we entered a bear market since then. But right now I smell a reversal structure based on Volume and Momentume.
Look at the above average candle with low spread a couple of days ago (marked by white arrow) and the extrem divergence of RSI and MFI.
Not sure that Dreams going back to $1.0 or so, but upward movements are expected.
Good luck.
The orange line in my previous idea worked and we entered a bear market since then. But right now I smell a reversal structure based on Volume and Momentume.
Look at the above average candle with low spread a couple of days ago (marked by white arrow) and the extrem divergence of RSI and MFI.
Not sure that Dreams going back to $1.0 or so, but upward movements are expected.
Good luck.
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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.