As you can see here, we are coming up on a demand zone area from back in March 2020. We are touching the bottom line of the Bollinger bands and the bands are opening up meaning there could be volatility for a big move. We are also oversold on the RSI as well. I would wait for a big move off of the band with high volume and target the upper Bollinger band. The analyst on TradingView and most of the recent ideas on here suggest we are going to make a reversal soon.
👇Social, and free discord down below👇! bit.ly/3IFo9Yj
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
