Not time to sell yet

7 Jan

Hey! Shining a little light on the divergent IHS that could still play out. 1hr chart exhibits a Stochastic RSI with OS status, and a divergent RSI to Price. Higher highs and higher lows, looks like it could go into another expansion soon, it could take a little more time for strength to begin wrench price to the upside. Looking for a measured move to bring price to .85.

Thank you for your time and best of luck!
OnePath

8 Jan

Dagangan aktif

Well, looks like critical support got smacked. Price has found itself in a low liquidity POC on the VRVP at around .41. The 3 shaded sections represent these points of control. Lower end of bottom POC is just about .3164. Price must break back above .466 resistance and overtake .50 with strength to re-enter the pattern.

11 Jan

Nota

We'll see if price will respect .50, looking good so far. Falling below .46 would likely turn the chart bearish imo. Price came back into the pattern and even broke the downtrend. For that reason, I remain bullish.

22 Jan

Nota

22 Jan

Nota

22 Jan

Nota