ACT is still very popular. Let's analyze the current trend.
Since the decline began on November 15, the bottom of the decline and the top of the rebound of $ACT have been going down, and the overall trend is downward. From November 21 to 27, ACT showed a bottom divergence on the 4-hour RSI indicator for three consecutive days, which shows that ACT has issued an obvious oversold signal. During this period, the bottom trading volume is getting smaller and smaller, which means that the selling pressure is getting weaker and weaker.
Last night's bottom was significantly higher than that of the 26th, which shows that $ACT has begun to show a bottom reversal signal, but it is not clear enough; if it can effectively break through the 0.5 pressure level next, the bottom reversal signal will be clearer.
Today's performance of ACT can be said to have attracted everyone's attention again. The single-day increase exceeded 50%, and it is currently hovering at US$0.63. Maybe it was a pull by the dealer. Friends who want to enter can choose to enter with a light position. If they cannot break through 0.7, they can choose to leave!
Friends who are still losing money on orders, if you don’t have a good circle and first-hand information about the currency circle, then I suggest you follow me and find me. This bull market will help you get ashore. Welcome to join the team! ! !
