The support line so far hold (black line) even though the steep decline smashed in between price points.
MACD shows it is about switch, RSI has an upside hook showing trend change.
Now I believe MA200 initially will resist, but 2nd time push onwards will break it upwards.
just an idea, not investment advice
MACD shows it is about switch, RSI has an upside hook showing trend change.
Now I believe MA200 initially will resist, but 2nd time push onwards will break it upwards.
just an idea, not investment advice
Comment:
look at that, one to one match so far.
Trade active:
So far, in terms of time frame and price, It is following. What worries me is that the move was without pullbacks and small incremental. This creates the issue of RSI going steadily up without a breaker hence we might get hit by higher RSI shorters before we reach 14.00
will close my position once I see 13.3
will close my position once I see 13.3