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We can see that price found support 1.172 and rose again. MACD shows divergence with the price. Stochastic rose above 50.
It may seem a trend change. But we still do not have clean trendchange sign. We are still in bear trend until price climbs above 34, 55 EMA, MACD rises above 0 line and stochastic is above 50 line. For now I expect price to reach 34 EMA and fall back. We may have sidway move these days.
It may seem a trend change. But we still do not have clean trendchange sign. We are still in bear trend until price climbs above 34, 55 EMA, MACD rises above 0 line and stochastic is above 50 line. For now I expect price to reach 34 EMA and fall back. We may have sidway move these days.
