This is a confusing one for me. The 1 day chart looks bearish as usual, no great volume, actual down trend on the RSI, macd indifferent, all technical indicators say bear/mid.
But, that 4 hour chart, the Trend Meter and stochastics read bullish reversal. Did I just catch this thing before it popped?
Check out the 1 day chart divergence channels. It effectively closed out of that range the past 2 days, but B(E)ARELY.
Thinking the next few days will be a big indicator if we consolidate for another 1+ weeks or if this thing starts to move it's convergence to bullish.
But, that 4 hour chart, the Trend Meter and stochastics read bullish reversal. Did I just catch this thing before it popped?
Check out the 1 day chart divergence channels. It effectively closed out of that range the past 2 days, but B(E)ARELY.
Thinking the next few days will be a big indicator if we consolidate for another 1+ weeks or if this thing starts to move it's convergence to bullish.
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