From my point of view we have 2 case scenarios.
1. We have reached bottom and the new cycle has begun.
Here is why on daily chart we may see potential golden cross is on the way that is very strong signal that bear market is over.
Also on weekly chart we have potential EMA Cross that pretty strong signal. Last time it was on april last year! but it was negative now it can be positive.
2. Correction is not over.
fake golden cross!
new bottom!
EMA Cross not happen.
Thumbs up if you like it!
1. We have reached bottom and the new cycle has begun.
Here is why on daily chart we may see potential golden cross is on the way that is very strong signal that bear market is over.
Also on weekly chart we have potential EMA Cross that pretty strong signal. Last time it was on april last year! but it was negative now it can be positive.
2. Correction is not over.
fake golden cross!
new bottom!
EMA Cross not happen.
Thumbs up if you like it!