I can see two things here, rising volume and a rising trend.
Ever since 02 Jan '23, we have higher highs and higher lows.
We can see strong buy volume and weak sell volume.
Short-term, we are within a bullish breakout after the 9-May low.
This breakout is supported by a high volume and a strong RSI.
✔️ Each time volume breaks up and the RSI moves above 50, we end up with a higher high.
We are expecting the same behaviour to repeat again.
Namaste.
Ever since 02 Jan '23, we have higher highs and higher lows.
We can see strong buy volume and weak sell volume.
Short-term, we are within a bullish breakout after the 9-May low.
This breakout is supported by a high volume and a strong RSI.
✔️ Each time volume breaks up and the RSI moves above 50, we end up with a higher high.
We are expecting the same behaviour to repeat again.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.