If we zoom out, we will be able to sell this bullish divergence. If we look at market cipher indicator, we will see that macd tells about oversold, we have green money flow(green line), yellow indicator is going to go up, green indicator is picks, it is going to tell that price is ready to go up.
We should understand that news now are not really good, but I think it will end in the near future.
Money is going away from exchanges, it makes supply insufficient.
All this time price goes against everyone, right now we should look closely to the chart and if next week will show pivot, we will go up, but right now we have a lot of bad news which comes from air, market reacts on this very heavy, be careful.
We should understand that news now are not really good, but I think it will end in the near future.
Money is going away from exchanges, it makes supply insufficient.
All this time price goes against everyone, right now we should look closely to the chart and if next week will show pivot, we will go up, but right now we have a lot of bad news which comes from air, market reacts on this very heavy, be careful.