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boombox4444
Nov 22, 2019 7:05 PM

ETH in accumulation zone 

Ethereum / U.S. dollarBitstamp

Description

Top line shows overbought zone and bottom shows oversold. We are follow this from the start of the rally in 2019.
This chart indicated we were in grossly oversold territory attempting to break out BUT it was a total fake-out by spirit animals. No breakout, only fake out.
We are now falling back into the normal zone - accumulation zone.
Green is buy, red is sell.

-Boombox
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