The counter is currently in a strong support area of trend zone.
After a strong rally, the counter went through a time correction as well.
Time correction, instead of price action, is a powerful signal that there is more up move in the counter.
Also, the RSI indicator, is showing a divergence in price action at the lows.
Hence, we expect the pair to move up from here.
After a strong rally, the counter went through a time correction as well.
Time correction, instead of price action, is a powerful signal that there is more up move in the counter.
Also, the RSI indicator, is showing a divergence in price action at the lows.
Hence, we expect the pair to move up from here.
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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.
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.