On the daily chart, we still have clear uptrend movement, trendline and Fibonacci retracement sits perfectly. For both cases, the price is definitely at the support zone.
Now move to a 4-hour timeframe, we clearly see a downtrend. Let`s use MACD indicator and draw trend lines on the chart and on the indicator. After that we can notice a nice divergence at the support zone, which indicates that the price should go upwards.
Now move to a 4-hour timeframe, we clearly see a downtrend. Let`s use MACD indicator and draw trend lines on the chart and on the indicator. After that we can notice a nice divergence at the support zone, which indicates that the price should go upwards.