4hr RSI indicates possible resumption of bullish trend?
The 4hr RSI has made a lower low and price a higher low
Does this indicate likely bullish trend resumption or will the correction continue down to the bottom of the middle (green) upward channel as it did on Aug 2nd - this time around EUR $3200 (or on BTCUSD to around $3850)?
Does this indicate likely bullish trend resumption or will the correction continue down to the bottom of the middle (green) upward channel as it did on Aug 2nd - this time around EUR $3200 (or on BTCUSD to around $3850)?
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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.