After a long period of oversold the RSI is giving some signs of a reversal. Together with the pattern on the chart there are probably higher pricelevels to achieve.
Note
On the 1HR Radix is moving around the lines I draw trying to find supportNote
What I said earlier. Radix is trying to go (much) higher. First signs are here. High(er) volume and a try for higher prices:Note
On the 1HR I see a falling wedge pattern which is likely going to break out to the upside:Note
Nice breakout with high volume (as expected) Now lower because of the whole crypto market. Hopefully this level will hold support so we can go higher
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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.