Oversold
There is an inversion on the RSI and price trend. This could signal a reversal in price. However, price could still be in the bottoming out process.
RSI and MACD are in oversold areas looking to move up. Bullish.
The Fixed Volume and fib retracement tools shows resistances on the way up.
Disclamer: This is not financial advise. This is me sharing some observations on Vara. Contact a licensed financial advisor for investing advice.
RSI and MACD are in oversold areas looking to move up. Bullish.
The Fixed Volume and fib retracement tools shows resistances on the way up.
Disclamer: This is not financial advise. This is me sharing some observations on Vara. Contact a licensed financial advisor for investing advice.
Note
MACD is showing signs of down trend still green heading into red. So, we may still see some downside.
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.