Looking at this chart I see a price range between $53 and $50. Watching moving average to act as resistance. $50 being a physiological support.
Scotch RSI looks to be going up so rejection at $53 is very possible in the near feature. If price breaks $53 we could see a test of $60. It seems that currently probability slightly favors bears though its not like all indicators are bearish.
www.tradingview.com/x/lhG9KC7w/\
RSI and MACD are basically flat.
Scotch RSI looks to be going up so rejection at $53 is very possible in the near feature. If price breaks $53 we could see a test of $60. It seems that currently probability slightly favors bears though its not like all indicators are bearish.
www.tradingview.com/x/lhG9KC7w/\
RSI and MACD are basically flat.