This looks almost exactly like the NEAR chart that I shared yesterday - bouncing from a key support when there was peak bearishness, with RSI hitting oversold on the daily for the first time in ages. These could just be reactionary bounces, so if you are actively trading be very careful. I would not be surprised to see a lower low hit on price, causing bullish divergence on RSI. That would be sweet.
But for now, we have nice reactions across the board.
But for now, we have nice reactions across the board.
scott.melker@texaswestcapital.com
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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.
scott.melker@texaswestcapital.com
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.