The price reached the lower end of the channel and consolidated, indicating a potential move to the upside.
- The lines of the intermediate trend and the larger trend crossed in a bullish manner.
- The RSI is above the moving average.
- The chart prints blue pivot point signals below the price, which is an indication of a reversal.
The next move could be to the upside, or the trend might just fade.
- The lines of the intermediate trend and the larger trend crossed in a bullish manner.
- The RSI is above the moving average.
- The chart prints blue pivot point signals below the price, which is an indication of a reversal.
The next move could be to the upside, or the trend might just fade.
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