The price had been falling for a while, now, it entered an ascending triangle, which is a signal for rising.
The Bollinger Bands remain unchanged. This offers no signal for us.
Next, the volume remains unchanged too. We can see that the buyers still win the game for now. This can also be seen from the MACD, the lines are going up.
The RSI is also recovering from the bottom, which could indicate the bullish signal is stronger.
Let’s expect the price to go up
The Bollinger Bands remain unchanged. This offers no signal for us.
Next, the volume remains unchanged too. We can see that the buyers still win the game for now. This can also be seen from the MACD, the lines are going up.
The RSI is also recovering from the bottom, which could indicate the bullish signal is stronger.
Let’s expect the price to go up