As you see the RSI has made a series of higher lows and just recently a higher high. Coincidently, the price of 0x in dollars has been going down. As a result we have seen a larger green candle react to this divergence. Could this be the bottom? It may be, perhaps the bottom or the relative price will be tested again in the future.
After seeing 0x at $2.50 and all the way back down to 63 cents....this feels like a good buy price. I suppose seeing a larger divergence on the daily chart would be a stronger indicator.
Tell me what you guys think. Give me some constructive feedback.
After seeing 0x at $2.50 and all the way back down to 63 cents....this feels like a good buy price. I suppose seeing a larger divergence on the daily chart would be a stronger indicator.
Tell me what you guys think. Give me some constructive feedback.