Fib retracement shows a 1 full retrace of the lowest to the highest.
Rsi has been increasing while price has been decreasing = bullish divergence
Price has fallen hard during high volume red candles and has now begun to hit the lowest lows while volume is decreasing (capitulation)
LONG IT.
Rsi has been increasing while price has been decreasing = bullish divergence
Price has fallen hard during high volume red candles and has now begun to hit the lowest lows while volume is decreasing (capitulation)
LONG IT.