Current price is close to an ALL time low. So kinda sketchy situation, falling wedge should show growth, but its risky. Price is likely to fall to the All time low price and then recover up. Will need to keep checking it

Looking at volume bought/sold amounts, if the pattern repeats its possible that people will start buying again.



  • Supp/Resistance since price is near all time low, the support is hard to distinguish. So since the trend seemed to be downwards for a while I am using the falling wedge to measure the support/resistance. “V” are where the support / resistance was tested and held, “X” is where it didnt reach the support/resistance or more importantly broke OUT of the supp/ress line.



  • Pattern falling wedges.


  • BB’s are kinda wide, but tightening.
    60’s bbs are widening at the moment.



  • EMA’s slow line is over fast- bearish.
    Similar with 60
  • MACD is about to cross to bearish.
    60 might be crossing soon.
  • Flibbr is going down, even though its close to oversold.
    60 is going up.



  • Ichimoku cloud 240 is above the price. Slow over fast line. Bearish trend. Price is also below both fast and slow lines. Fast line could be used as resistance.
    Ichimoku 60 is weird, bunch of line crosses happened, the most recent one beign a bearish one. Price still remains below the cloud and only touched it few times.
  • RSI is kinda low.



  • Fibbonacci


  • Pitchfork. Two versions:



  • Weighted volume as you see there is a triple triangle in sold/bought sections, if they repeat its possible that people will be buying soon.


  • Aligator is going down , 60 is a little murky, but even there aligator is going down right now.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.