Could we see a possible bottom?

118
Looks like a falling wedge to me
Daily is near oversold on RSI
4H is already oversold

Next resistance from here is a 35% move to the upside

For now, lets wait and see if there will be any double bottom formation or a quick recovery to the upside.

Tomorrow will be important as CPI is coming out.

Now will be a good buy for a great entrypoint

Hope y'all like this idea

Remember

This is no financial advice, take care🔮

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.