Hello everyone, let's take a look at the TOMO versus USDT chart on a four-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start by determining the support line and as you can see, the first support in the coming hours is $1.20, if the support is broken, the next support is $1.10, and then we have a strong support zone from...
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USOIL had a lovely bounce based on the news off the 0.786 Fib Retracement on the Weekly timeframe and Range Low.
Daily timeframe was printing a oversold signal.
Currently holding the 0.618, if this holds could be good for continuation.
