If we break out of that longlasting channel we will breakout into a new bullmarket. Need a close above the line though. Till than, I think we stay in the channel.
I see a double bottom performing on the red line which would match the trendlines. These are not 1h trendlines, these are SOLID, HUGE Trendlines just to say.
Furthermore, the weekly RSI indicates, that we are still not bullish, since we were not able to cross toe 60 line, this remains a bear trend.
I see a double bottom performing on the red line which would match the trendlines. These are not 1h trendlines, these are SOLID, HUGE Trendlines just to say.
Furthermore, the weekly RSI indicates, that we are still not bullish, since we were not able to cross toe 60 line, this remains a bear trend.
