@mohanjack099, Too early i think. Lets hope that we will see some stability in price and then we will start buying :)
MichelRozpendowski
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Three days in a row closing at around $1.33 (Bitfinex). Shall we consider this as a stabilisation and opportunity to buy or does the technical analysis show something better or more interesting?
Perhaps it will drop very soon? Or the contrary...?
Hi, I really like your analysis. Keep up the great work. I had a question: how do you see a bearish wave? RSI of the monthly chart is at 46, of the 5D chart at 27. Thanks.
salmanijaz
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@Florent123, Thanks for your message
I have not seen the RSI on monthly, but if you see the RSI in my recent chart, once it crossed the green level we have seen new lows and we are on the way down once more. Check the RSI values with the bullish wave few weeks back and now and you will see the trend :)
Florent123
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@salmanijaz, Thanks for your reply. What are your thoughts on the potential government shutdown? I was thinking that that would urge investors in the regular stock market to move (some of) their money into crypto.