1H, Price is at support level, which falls at the .382 fib zone, price seems to be respecting the
support at the moment.
Price is at a strong uptrend, forming an ElliotWave with price currently at Wave 4.
If price respects the support zone, then we can see price to push up to complete Wave 5
RSI at oversold level, with bullish divergence wherein price makes higher-high and RSI lower-lows.
support at the moment.
Price is at a strong uptrend, forming an ElliotWave with price currently at Wave 4.
If price respects the support zone, then we can see price to push up to complete Wave 5
RSI at oversold level, with bullish divergence wherein price makes higher-high and RSI lower-lows.