Hey everyone. Let me start by saying I made a mistake yesterday and bought too high. Just as it's never good to buy into a bull run, sometimes it's good to avoid selling into the panic. We have strong support at 9000 and panic selling everywhere. He have hidden bullish divergence on the RSI and MACD. We have the possibility of a reversal on the 4 hour RSI. The blue line I drew is our best hope for an uptrend. If it going to happen it's gotta be SOON. If we fall too far into the bearish channel I will have to put a stop on my position. Good luck everyone. Happy trading!
(disclaimer - this is not financial advice)
(disclaimer - this is not financial advice)
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Bullish divergence beginning on the hourly!
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Dancing perfectly with my lines!
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Reversal beginning on the 4 hour RSI, as predicted! :D Should be a big week ahead!
