- I'm remain bearish until this coin break the recent down trendline for a first sign of reversal, but before that happen.. i expect this coin to 30 satoshi or zeroooo!!! lol.
- Expect a bounce from one of the support fibonacci line on quick pace after it's prolonged seller pressure.
Indicators :
DMI : -DI is still on the rise, ADX is still above 25.
MACD : still no sign of reversal from buyer side. seller histogram is still building also the macd line is hover around bearish area.
MFI : currently in oversold condition.
peace..
- Expect a bounce from one of the support fibonacci line on quick pace after it's prolonged seller pressure.
Indicators :
DMI : -DI is still on the rise, ADX is still above 25.
MACD : still no sign of reversal from buyer side. seller histogram is still building also the macd line is hover around bearish area.
MFI : currently in oversold condition.
peace..
Comment:
if this trend line atleast could establish as a support in the future.. 660 - 700 satoshi will be a good support. conversely, break below that level is a even more bearish. talking about 500 below satoshi.