Hello,friends :)
I hope this Idea never accomplishes,otherwise we're doomed.
1)Check the weekly RSI,below 50 = downtrend.
2)We are below 50 EMA,very bad sign.
3)We struggle to go above 0.61 Fibbonaci.
If we fail to breake this triangle up,it is " Finito la comedia"
I hope the Bull gods won't let that happen but be carefull about your long entry or purchasing altcoins.
Personal advice: Let a few % pass by you instead of regreting later.
Yours,always wrong:MrDorea
I hope this Idea never accomplishes,otherwise we're doomed.
1)Check the weekly RSI,below 50 = downtrend.
2)We are below 50 EMA,very bad sign.
3)We struggle to go above 0.61 Fibbonaci.
If we fail to breake this triangle up,it is " Finito la comedia"
I hope the Bull gods won't let that happen but be carefull about your long entry or purchasing altcoins.
Personal advice: Let a few % pass by you instead of regreting later.
Yours,always wrong:MrDorea
Comment:
We broke a pattern that formed for 6 months.If you believe it will bounce up now,we have big problems.
Check the weekly RSI,under 50,strong downtrend continuing.Too much room to go down before we reach a certain bottom.
Do not get caught in 200$ bounces.
I am not buying anything untill a new trend is formed.
Check the weekly RSI,under 50,strong downtrend continuing.Too much room to go down before we reach a certain bottom.
Do not get caught in 200$ bounces.
I am not buying anything untill a new trend is formed.
Comment:
Strong downtrend.Next supports 5.5, 4.4, 3.0
Comment:
We might get a bounce at 5470,from the 100 EMA but that is our last hope :) In case it drops further: 4.4 is on the cards.
It will go to 7680 and dump hard,do not fomo! In case it goes up,make your buys above 7820