ASI Daily
This chart and analysis are not financial advice. Do your own research before trading or investing.
The ASI is printing lows each day. The support 12000 was demolished and now heading towards the 11650-11750 range while RSI is printing in the oversold area but without any divergences in the daily chart. Also, looking close enough it is visible that the descending broadening wedge, which is a bullish signal, has the support line in the 11650-11750 zone. These levels won't be supported unless there is potential buyers who come in and move the prices. Watching out for potential macro and micro information regarding the ASI is important.
The ASI is printing lows each day. The support 12000 was demolished and now heading towards the 11650-11750 range while RSI is printing in the oversold area but without any divergences in the daily chart. Also, looking close enough it is visible that the descending broadening wedge, which is a bullish signal, has the support line in the 11650-11750 zone. These levels won't be supported unless there is potential buyers who come in and move the prices. Watching out for potential macro and micro information regarding the ASI is important.
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