Solve.careOn the above 1-day chart a 90% correction follows the bearish divergence from early April. A ‘incredible buy’ opportunity now exists (orange column) with Stochastic RSI crossing up 20.
Price action is below every moving average going, considerably extended below the 10-day EMA, price action is basically at firesafe levels. If the Mayer multiple bands are switched on (below) you will see price action has fallen out of the bottom - these are opportunities you don’t see often.
Is it possible price action falls further? Absolutely.
Is it probable? Very unlikely.
1st target 15 cents / 165%
Good luck!
WW
