Once although it broke out of the declining trendline, but faced resistance at the horizontal resistance.
MACD's is about to have a bullish crossover which hints at higher prices. RSI is rising and not even close to being overbought. Bollinger bands opening is again a bullish sign. Prices could consolidate btw 58-60 range before breaking out of horizontal resistance. Will be watching it closely in the coming week.
MACD's is about to have a bullish crossover which hints at higher prices. RSI is rising and not even close to being overbought. Bollinger bands opening is again a bullish sign. Prices could consolidate btw 58-60 range before breaking out of horizontal resistance. Will be watching it closely in the coming week.