RSI Indicator is a Powerful TA - $MYX Flips over 70% in 6Hrs after the RSI Divergence went bullish



But wait, don't FOMO yet

Here are two things you need to know:
1. The Trendline (the white line)
2. Support-Resistance regions

1. The Trendline:
- About a day ago, after $MYX broke the trendline at $18, it went straight for the support at $10
- On that support $MYX confirmed the RSI Bullish Divergence by making lower lows on the chart while the RSI make higher lows
- That was the bullish move that brought it back up and currently at $17
- In the event of continued rally, watch out for this trendline
- When $MYX tests that line again, expect some rejections

2. Support-Resistance Regions:
- currently, $MYX is experiencing a serious resistance at $18 region
- If this resistance is broken, then a visit to that trendline would be triggered
- However, if the resistance upholds, $MYX would retrace
- In the event of a retracement, the $13.5 is a support to watch
- If this support is broken, then a visit to $10 region would inevitable
- This region must not be broken for a stronger move

NFA - DYOR

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Never miss these Alphas
MYX37.48%
KAITO1.74%
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