RSI positive Divergence formation on Weekly Timeframe.
Short Term Quick Bounce to Low 140s expected. Longer term we all know its a 3-5X bagger.
On the Weekly Timeframe Bullish Divergence on RSI and MACD. Bullish Harami Candle Stick Pattern. We will see an uptrend soon. Short term we have to expect some volatility but buy on the dips and DCA.
Caution: Also , for a stronger confirmation before going all in, i will suggest to wait for a Higher Low after the pull back from $140.
On the Weekly Timeframe Bullish Divergence on RSI and MACD. Bullish Harami Candle Stick Pattern. We will see an uptrend soon. Short term we have to expect some volatility but buy on the dips and DCA.
Caution: Also , for a stronger confirmation before going all in, i will suggest to wait for a Higher Low after the pull back from $140.
Note
Also the weekly Volume in the last 1 month was on an uptrend as well.
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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.