It might be a bit early to call a bullish descending wedge, but the MACD divergence is a good sign for a long position shortly.
Prices have stabilised, so just waiting to see a crossover on the MACD.
Prices have stabilised, so just waiting to see a crossover on the MACD.
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.
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.