Hello Dear friends
A positive RSI divergence has been issued to us on the daily time frame. But in the correction process, a LL has been formed. As a result, on higher time frames, there is a weak possibility of forming an increasing trend.
On the four-hour time frame, we have a triangle pattern at the end of the downtrend and a Cypher harmonic pattern is formed. But on this time frame, divergence has not been issued to us.
Provided that the upward trend line is maintained, and the upward trend is stabilized above the price range of $0.98, there is a high probability of the upward trend continuing.
We would be happy to hear your comments.
A positive RSI divergence has been issued to us on the daily time frame. But in the correction process, a LL has been formed. As a result, on higher time frames, there is a weak possibility of forming an increasing trend.
On the four-hour time frame, we have a triangle pattern at the end of the downtrend and a Cypher harmonic pattern is formed. But on this time frame, divergence has not been issued to us.
Provided that the upward trend line is maintained, and the upward trend is stabilized above the price range of $0.98, there is a high probability of the upward trend continuing.
We would be happy to hear your comments.