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FerroIgnique
Nov 24, 2018 3:55 AM

ETH Pain will Continue until the RSI is oversold on the monthy Short

Ethereum / DollarBitfinex

Description

I predict that ETH will continue to decline until the Monthly RSI is oversold.

The monthly reached 90 on the monthly and is at 43 right now. The purple arrow points to single digits, which is very bearish.


People have noted that BTC's RSI is now as low as 2015, but alas its in the mid 40's. My non-scientific line of best fit predicts the monthly RSI will be over sold April-ish. I think its bad news bears for about another 6 months. The moons and lambos and all that.

Comments
DylanTirto
Gonna hit 60 and then sideways until end of 2019. And theeeennn when everyone stops thinking&talking about ETH, BAM!
FerroIgnique
@DylanTirto, we knocked out of the park
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