Bullish divergence and volume only picks up at the bottom which shows retail (weak hands) selling. we will probably see more sideways for a bit and then eventually the sellers will exhaust and a rally will follow. we still have some headline risk but we may see traders starting to buy the rumor of a fix of the current issues.
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.