Nice push up overnight. We of course need to get this daily close in to cement further bullishness, but the idea remains. Whether we push higher first or not, I think the 0.4-0.5 will be a solid (perhaps brief) re-test level, similar to the move in Q4 last year.
RSI in a similar position. I'd say if we lock in a strong daily close, we likely take Range High *next* and then put in a higher low pull back. If we retrace some of this, then we get an earlier visit of ~ 0.4-0.45 etc.
Either way this looks bottomed to me . But would still expect early April to put in a downside wick on the monthly candle, before we resume upside.
$CRV
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