Price reached the major 12h demand zone from where it is bouncing from. MACD is beginning to show some bearish weakness, RSI is oversold and EMAs are bearish. Price needs to break above the 2h supply for short term bullish confirmation and we would then aim towards the daily supply zone.
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.
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.