We have been making lower lows on the daily RSI since the start of the year and even though price has reached a new low the daily RSI has printed a higher low.
Bullish divergence is forming and with price sitting on this amazing support which has shown time and time again it can pivot momentum quickly to the upside I think we there is a high chance there will be a reversal from here.
Its hard to ignore how insane this confluence point is tradingview.com/x/5Hu8gGBV/.
weekly bullish divergence on the NAS100 cannot be ignored either.
Also the USDT dominance hit exactly the same level as in June 2022 , still waiting for a break and weekly close under this white support line to confirm strong relief rally.
I still think we go up from here .
Bullish divergence is forming and with price sitting on this amazing support which has shown time and time again it can pivot momentum quickly to the upside I think we there is a high chance there will be a reversal from here.
Its hard to ignore how insane this confluence point is tradingview.com/x/5Hu8gGBV/.
weekly bullish divergence on the NAS100 cannot be ignored either.
Also the USDT dominance hit exactly the same level as in June 2022 , still waiting for a break and weekly close under this white support line to confirm strong relief rally.
I still think we go up from here .
Note
Note
now whos glad they longed everything :)
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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.