From a steel mental perspective‼️
The daily RSI has crossed 70, the focus now is on whether it can repeatedly exceed RSI 70 while holding around 50, MACD has made a golden cross at a low position and is continuing to rise.
The weekly RSI crossed 30 and now surpassed 50, the observation is on whether it can continue to rise while maintaining above 50 like the daily RSI. MACD is showing movement towards a golden cross soon.
Previously, it was predicted that the monthly RSI50, which was expected to rebound soon, would start to rebound without falling below. The most important thing to watch on the monthly chart is whether the MACD will avoid a dead cross. At the stage where the daily and weekly charts show an upward trend, as the monthly chart has not yet formed a dead cross, it is predicted that it can continue to rise without a dead cross until early next year.
I would like to make further comments if the situation changes.
Please take this as reference from my perspective.
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181574772 : Thank you as always~♪