Looking at monty chart the price is bouncing from a long term support and trendline with double divergence on AO.
On D1 chart:
- Two AB=CD patterns showing that corrective pattern WXY is finishing
- Bullish divergence on macd
- multiple candlesticks tails showing rejection from the area
- 0.61 fib projection of big WXY corrective structure
- double bottom
This could be the start of a long term rally.
Best regards.
On D1 chart:
- Two AB=CD patterns showing that corrective pattern WXY is finishing
- Bullish divergence on macd
- multiple candlesticks tails showing rejection from the area
- 0.61 fib projection of big WXY corrective structure
- double bottom
This could be the start of a long term rally.
Best regards.