the weekly chart indicates that the price is showing rejection in a downtrend trendline that comes back from 2019.
the MACD indicator is also showing divergence
price action is showing a downtrend structure and the candle closed forming a doji.
the MACD indicator is also showing divergence
price action is showing a downtrend structure and the candle closed forming a doji.
Note
the weekly chart indicates that the price is showing rejection in a downtrend trendline that comes back from 2019.the MACD indicator is also showing divergence
the candle closed forming a doji.
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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.