Price previously filled the imbalance at $30 and tested the daily supply zone at $35 before getting rejected, as we perfectly predicted. MACD is showing bullish weakness, RSI is bought and EMAs are turning bullish. Price should retest the S/R Flip at around $27 before moving up again.
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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.