Bullish divergence spotted on RSI. Oversold on 4 hr timeframe. News ahead. Mixed signals but an upward movement is possible from here. Wait for the 30 min and 1 hr stoch RSI to cool down. Entry price 12000-12500. Target 16000. Possible scenario on chart.
Comment:
Falling wedge forming. Better visible on 15 min chart. Upward from 12k sat.