For those who had taken profit or still waiting on the sidelines to get back into this bad boy, well here is your chance.
We have just hit daily oversold conditions into an area of support and the rsi as crossed the 30 line. indicating a signal to go long.
on the 65 minute timeframe we can also see a lot of bullish divergence. 0.240 would be a good target for a scalp , but this also still has potential for it's covid treatment. It's quite a volatile little thing so this isn't for the feint of heart :)
We have just hit daily oversold conditions into an area of support and the rsi as crossed the 30 line. indicating a signal to go long.
on the 65 minute timeframe we can also see a lot of bullish divergence. 0.240 would be a good target for a scalp , but this also still has potential for it's covid treatment. It's quite a volatile little thing so this isn't for the feint of heart :)