We are witnessing a continuous higher high and higher low on the RSI indicator and price has just been pushed lower by the Resistance Line (R1) @ $58.60 levels
Price has already created a support level near $48.87.
Important trading levels
R1 : $58.60 R2 : 65.77
S1 – 50.88 S2 : 45.16 S3 : 36.25
RSI seems to be showing signs of being oversold faster at higher price points suggesting higher price action
Watch out for this space, go long and sit tight
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Testing support levels now, on confirmation of support and bounce, we could go long.
Pls look at own risk management before taking any trades