Bullish divergence on the MACD on the daily, my signal just went off and I do not think we will see much of a downtrend, I had shorted at about .17500 cents and am now re-entering at .16500 since it is too difficult to tell if the market will actually short and I don't want to take the risk.
Seeing .14 or .15 cents at this point seems high unlikely with the demand at the moment, as nice as it would seem, I personally don't feel comfortable exiting my position at this point.
The daily Stochastic RSI is above .32 with a level of 53.64 at the time of writing this post and the MACD is just now showing a bullish divergence on the daily chart.
Daily charts are much more reliable overall than shorter time-frames and based on what I am seeing here, this is just the start of a much larger bullrun long term. Good luck trading.
Seeing .14 or .15 cents at this point seems high unlikely with the demand at the moment, as nice as it would seem, I personally don't feel comfortable exiting my position at this point.
The daily Stochastic RSI is above .32 with a level of 53.64 at the time of writing this post and the MACD is just now showing a bullish divergence on the daily chart.
Daily charts are much more reliable overall than shorter time-frames and based on what I am seeing here, this is just the start of a much larger bullrun long term. Good luck trading.