Greetings to you all the TradingView readers! We are the team of analysts for the top crypto channel on Telegram and we are here with the fresh idea.
We are likely to see the correction within 2-3 days, as Stoch RSI says. The indicator stayed beside the upper limit for a whole week, which is a proper period to make the price respond to the indicator’s intending. Currently, the Stoch and RSI lines are crossing each other, which predicts the following decreasing. But this signal needs 1 to 5 days to be performed.
Anyway, we expect 6550 price to the end of the current correction, and not lower. We already offered a reason for this price falling within our last idea.
Here we want to notice that 1H and 4H of Stoch RSI are currently changing or are going to turn into the growth, which indicates the price drop from the higher positions than the present ones. See more of reliable info and analytics on our Telegram account.
With respect, Lemon Insiders Team.
We are likely to see the correction within 2-3 days, as Stoch RSI says. The indicator stayed beside the upper limit for a whole week, which is a proper period to make the price respond to the indicator’s intending. Currently, the Stoch and RSI lines are crossing each other, which predicts the following decreasing. But this signal needs 1 to 5 days to be performed.
Anyway, we expect 6550 price to the end of the current correction, and not lower. We already offered a reason for this price falling within our last idea.
Here we want to notice that 1H and 4H of Stoch RSI are currently changing or are going to turn into the growth, which indicates the price drop from the higher positions than the present ones. See more of reliable info and analytics on our Telegram account.
With respect, Lemon Insiders Team.