You know previously looking at this chart I really believed chart looks mostly in bear mode however after changing if you trend lines and organising it further more I can see that we can have a push towards the resistance line that's above the price.
you can see it's respecting the relative strength index signaling a potential upward movement which doesn't agree with our our previous price action . so you can see the price has stabilized over the yellow line it got rejection and I personal ly believe that over the next few days we can expect a price increase And in invalidate this chart
you can see it's respecting the relative strength index signaling a potential upward movement which doesn't agree with our our previous price action . so you can see the price has stabilized over the yellow line it got rejection and I personal ly believe that over the next few days we can expect a price increase And in invalidate this chart
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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.