Although price has been recovering for the last couple of weeks, I still don´t see clear reversal indications.
We have yet to see a higher high / higher low, or bullish RSI divergence. These are key to consider a reversal.
The green resistance zone is a key level to be broken for a bullish bias.
Meanwhile, I´ll still be looking for downside reversals in smaller timeframes targeting the June low at 0...1004
We have yet to see a higher high / higher low, or bullish RSI divergence. These are key to consider a reversal.
The green resistance zone is a key level to be broken for a bullish bias.
Meanwhile, I´ll still be looking for downside reversals in smaller timeframes targeting the June low at 0...1004
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📈 Experienced Crypto trader
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🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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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.