6M
RSI is at a top.
MFI is at 60, not yet exhausted.
I think the RSI could hold at the top for a time on this timeframe.
1Y
RSI is at a bottom.
MFI is around 60, with a downward sloping trend.
I think we could hold a low RSI for a time on this timeframe going towards lower lows.
5Y
RSI is trending up, while it is correcting a bit.
MFI looks like it is trending up, while correcting a bit.
Conclusion: There is a gap around $2 that I believe we are going to fill. Around that could be a good entry point.
For my educational purpose, not to be used as financial advice.
RSI is at a top.
MFI is at 60, not yet exhausted.
I think the RSI could hold at the top for a time on this timeframe.
1Y
RSI is at a bottom.
MFI is around 60, with a downward sloping trend.
I think we could hold a low RSI for a time on this timeframe going towards lower lows.
5Y
RSI is trending up, while it is correcting a bit.
MFI looks like it is trending up, while correcting a bit.
Conclusion: There is a gap around $2 that I believe we are going to fill. Around that could be a good entry point.
For my educational purpose, not to be used as financial advice.
Comment:
There is a gap around $1.20 that we could see it go to.
Comment:
More downside coming.
Comment:
On the 1M, 3M and 6M the price is starting to cross the 200 EMA. This might be the accumulation area.
Comment:
Good position here for a bounce.
Comment:
Looks like we could see another bounce soon.
Comment:
Bounce achieved, more downside.