The RSI is very, very low indicating a possible recovery but the MACD is still indicating pressure.
The Crypto market is looking better this week, (some good general announcements), and, traditionally, #RDD follows that pattern.
In the last month when RDD has hit 30RSI it bounced back to a solid +60 so I would expect it to climb back up.
I would buy at around 75-77 and aim to sell again at about 85 with a stop loss around 69.
Keep an eye on the MACD as a good indicator of a turn around
The Crypto market is looking better this week, (some good general announcements), and, traditionally, #RDD follows that pattern.
In the last month when RDD has hit 30RSI it bounced back to a solid +60 so I would expect it to climb back up.
I would buy at around 75-77 and aim to sell again at about 85 with a stop loss around 69.
Keep an eye on the MACD as a good indicator of a turn around
Dagangan aktif
It took a bit longer than expected, but we seem to have started a turn around.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.