The reason I say “last step” here is because every signal seems to need one last step to confirm.
The MACD is about to make a bullish cross, but it’s still “about to”, it has not happened yet. The RSI is in the same situation. It is at a low level, however, we can still catch some rising signals from that. The Bollinger Bands shows no clear signal, we can see that the price bounce back every time it touches the bands.
The volume seems to show a more clear signal than others, I would say it’s a bullish signal.
Let’s wait to see more signals.
The MACD is about to make a bullish cross, but it’s still “about to”, it has not happened yet. The RSI is in the same situation. It is at a low level, however, we can still catch some rising signals from that. The Bollinger Bands shows no clear signal, we can see that the price bounce back every time it touches the bands.
The volume seems to show a more clear signal than others, I would say it’s a bullish signal.
Let’s wait to see more signals.
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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.