Metal has been had a bearish run since early September, and that looks like it soon may come to an end. The white arrow on the price chart and MACD is showing bullish divergence, as is the OBV indicator. I'll be looking to enter once the prive can break the descending resistance, as well as the MACD crossing up. I'll be even more confident if the OBV can be in the green and ADL is heading up. Looking to take profits at the 62000 sat mark, and let my profits roll through to 109k sats (strongest resistance area)
Comment:
Price has confirmed above and looks like it is heading to the 62k sat mark. May accumulate from here