1Y
RSI is at a bottom
MFI is trending down
5Y
RSI is at a top
MFI is at a top
ALL
RSI is reaching a top
MFI is reaching a top
I'm seeing a Wyckoff Distribution on the 6M timeframe.
Prediction: There is a gap around $32. I'm expecting it to fall and close the gap. The longer timeframes confirm to me that price has been overextended.
For my educational purpose, not to be used as financial advice.
RSI is at a bottom
MFI is trending down
5Y
RSI is at a top
MFI is at a top
ALL
RSI is reaching a top
MFI is reaching a top
I'm seeing a Wyckoff Distribution on the 6M timeframe.
Prediction: There is a gap around $32. I'm expecting it to fall and close the gap. The longer timeframes confirm to me that price has been overextended.
For my educational purpose, not to be used as financial advice.
Comment:
More downside coming. This will go further down.