With an overall bullish picture on daily chart we have a divergence with MACD and an oversold Stoch RSI. The plain RSI, however, has just crossed 50 from above, so we've got a little problem here. But this may be due to the short-term overbought condition (better observed on 4h charts) and a formation of a temporary top as a consequence.
I'll be waiting for 1h MACD to start picking up bullish momentum with a price rising from around 0.67 again to jump in a long trade till 0.69 or so.
--
Everything I write about - I buy and sell for myself and my Investors.
Please hit LIKE button if you find this analysis useful, so as I know you do.
Please FOLLOW ME here on TradingView to see what I see, when I see it.
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.