Always Have a Plan B!
On chart we see that bullish crossover is coming, but we already saw a good growth and that's why I treat this cross as a bearish one.
Plus you see that RSI did not pass the resistance border and was not even able to get into an overbought zone.
Because we have Bearish Mid-Term trend this signal can play very well. But read the first line before to take any actions :)
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Please hit the Like button if you consider this idea helpful and follow us for supporting. Also share your own analyzes and thoughts in comments below.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
On chart we see that bullish crossover is coming, but we already saw a good growth and that's why I treat this cross as a bearish one.
Plus you see that RSI did not pass the resistance border and was not even able to get into an overbought zone.
Because we have Bearish Mid-Term trend this signal can play very well. But read the first line before to take any actions :)
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Please hit the Like button if you consider this idea helpful and follow us for supporting. Also share your own analyzes and thoughts in comments below.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.