Observation
1) Trendline - Uptrend( bullish)
2) Formed higher low- awaiting for high low and it has not touch the previous higher low yet 3.29
3) MACD - Waiting for 4R1G
4) RSI -However below 30% and waiting to break above
5) Sto -SLightly above 20% and waiting
6) ADX - weak momentum and bullish
7) Candle Stick - Many Hammer ( many strong support)
Conclusion
Could be a potential profit counter to go up again
Entry Price 3.85
Resistance at 3.93& 4.03
Support at 3.61
1) Trendline - Uptrend( bullish)
2) Formed higher low- awaiting for high low and it has not touch the previous higher low yet 3.29
3) MACD - Waiting for 4R1G
4) RSI -However below 30% and waiting to break above
5) Sto -SLightly above 20% and waiting
6) ADX - weak momentum and bullish
7) Candle Stick - Many Hammer ( many strong support)
Conclusion
Could be a potential profit counter to go up again
Entry Price 3.85
Resistance at 3.93& 4.03
Support at 3.61
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