Not entire sure how to count that drop yet, but with the hourly price moving above MA8, 21 and 50, we are likely looking at the start of a new hourly uptrend. Time will reveal if this is a B wave or the start of a new motive sequence...
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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.