Algo bullish reversal most likely
Updated
Algo is looking to make a bullish rebound. On two previous occasions we saw the price in a downward 12345 wave while the RSI was reversing during the same time and the OBV was bottoming. We may see a similar event soon with the current wave in the 5th wave and will test the diagonal support (most probably with a wick). The RSI and OBV are showing similar structures as before.
Note: This is not financial advise. Please do your own research.
Note: This is not financial advise. Please do your own research.
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Looks like the 5th wave is done and the price is going up now. Expecting a huge green candle soon.
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