if it breaks the trendline either way, we have our buy/sell signal, we already got a lower high but it doesnt mean a lot i guess, just made me thinking about it. What do u guys think, monday bull or bear in this scenario?
Bullish pennant pattern, slight downtrend, and according to the price been serious with support and resistance levels it could be a bull race.
Dont forget to wait until prices breaks up a little bit, that might be the buy signal
(ITS NOT A FINANCIAL ADVICE, ONLY AN IDEA)
Let me know what u think in the comment section!
Downtrend, bullish hammer, (very close to the Support level) and RSI shows oversold, EQUALS a high probability of an incoming uptrend with atleast the same sharpness of the downtrend from yesterday and before that (58° probably)