As per request
FIL has some bullish divergence with price moving sideways out of downtrend. Could have a bounce, but with BTC impotence would not expect a big bounce - maybe tag 0.382 and 200ma before moving back down.
Price could also simply continue to move down within the channel, but its looking like a bounce may be on.
Price found support for some time on 200ma but broke down and a death cross passed.
FIL has some bullish divergence with price moving sideways out of downtrend. Could have a bounce, but with BTC impotence would not expect a big bounce - maybe tag 0.382 and 200ma before moving back down.
Price could also simply continue to move down within the channel, but its looking like a bounce may be on.
Price found support for some time on 200ma but broke down and a death cross passed.
Note
Note
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.