3 ideas here showing bullish signals:
1. correction/consolidation looks to be coming to a close from falling wedge pattern.
2. Notice Diverging RSI (unconventional). As the price is falling, retraces upward are getting stronger and stronger.
3. Price action goes sideways while entering 38% Fibonacci resistance level.
Volume seems to be increasing, volatility coming back. we should see within the next week whether this prediction is right or wrong. If it starts trending down again from here, short.
1. correction/consolidation looks to be coming to a close from falling wedge pattern.
2. Notice Diverging RSI (unconventional). As the price is falling, retraces upward are getting stronger and stronger.
3. Price action goes sideways while entering 38% Fibonacci resistance level.
Volume seems to be increasing, volatility coming back. we should see within the next week whether this prediction is right or wrong. If it starts trending down again from here, short.
