Crypterium (CRPT) vs USD - Bullish divergence + volume

Following a 70% correction and oversold condition (on 1-day chart - not shown here), the above 4-day chart suggests a reversal is now imminent. Some facts of the chart:

1) Bullish divergence between price action and the oscillators - bullish.

2) Point (1) together with increasing volume - very bullish.

3) Past price action resistance is now tested as support.

4) Higher lows on supporting trend line.

1st target 60 cents.

Good luck!

Giao dịch đang hoạt động:

104 days of bullish divergence

Bình luận:

80% already

Bình luận:

10-day chart prints Stochastic RSI rising above 20, look left, bullish weeks ahead for price action.

Bình luận:

2-day chart with the 50-day moving average (blue line) shows price action is respecting this level. Expect a sudden continuation of upside if price action closes here.