Feels like the bulls might be back in town...
Obviously very early days but RSI on the 1m and 5m are climbing and hopefully the 5, 15, 30, etc should follow suit. If they do then we're back into the overall bull trend, hopefully for 4-5 days. Thoughts?
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RSI on the 5m just broke 50
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Yes it's all the way down on the 1m chart but...double bottom...
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I'm not afraid to admit that i had my doubt for a few minutes there - i thought for a little while that being a bull was going to get extremely costly. But now...i'm increasingly thinking that it is finally....finally...time to head northwards.
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5m MACD just signalled BUY...
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Buy on the 5 now confirmed
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MACD just crossed on the 15m chart finally
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Next target is RSI on the 15m to break upward through 50...