Price bounced off the support line and it is currently consolidating on the lower timeframes. MACD is bearish, RSI is sold and EMAs are neutral. I expect price to move up to fill the imbalance at $1.65 also taking out the liquidity present above the equal highs.
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.
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.