The RSI chart is moving in the oversold zone on the 4H TF. The RSI and price movement has formed a bullish divergence on the 1H Timeframe. I believe the asset can rise if it holds the current support.
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.