The price has glanced off the range center and got back to the upper half. On a 4-hour timeframe the price has dropped to the bottom of the range.
Stoch and RSI show an oversold state.
The general trend is directed upwards with decreasing volatility (The support and resistance triangle is narrowing). Anticipating a growth at a moderate rate up to $4500 and consolidation.
Stoch and RSI show an oversold state.
The general trend is directed upwards with decreasing volatility (The support and resistance triangle is narrowing). Anticipating a growth at a moderate rate up to $4500 and consolidation.