It is barely on the basic upward trend line.
It is also trying to overcome the downward trend line.
The inflection date should rise around Nov 6 and rise above 50MA and rise before and after inflection.
"Upward divergence" is moving towards an increasingly divergent position and is expected to diverge soon.
If the ascending force is good, I would touch 5.889.
I think the important point is to be on the 50MA line.
It is also trying to overcome the downward trend line.
The inflection date should rise around Nov 6 and rise above 50MA and rise before and after inflection.
"Upward divergence" is moving towards an increasingly divergent position and is expected to diverge soon.
If the ascending force is good, I would touch 5.889.
I think the important point is to be on the 50MA line.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
