Bullish divergence in GRT chart?
Updated
GRT has been seeing downward trend since March 11. It keeps slumping and I keep wondering if it will ever retrace to at least back to the 1.80s. I know what goes up must come down, but coulld we also say what goes down, must come up?
On the 4-hourly chart, the RSI and MACD showing higher lows, while the price is showing lower highs, which indicates a bullish divergence. What do you think?
On the 4-hourly chart, the RSI and MACD showing higher lows, while the price is showing lower highs, which indicates a bullish divergence. What do you think?
Note
On the 1 minute chart, currently forming a cup and handle. If indicator is true to form, we are aiming for 1.78...maybe even back into the 1.80s?
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