parsasajedi69

parsasajedi69

My personal reading from the MACD and RSI is that we are going to face a slight time recession until the first two weeks of Jan. However, similar to early August a %5 to %10 decrease seems to be probable in the next few days. In my opinion, this is a great time for those who can take advantage of these slight oscillations and daily traders for the next 2 weeks.

parsasajedi69

It looks pretty simple. Fibo and the channel are quite valid and as you can see in the RSI section the trend is bearish. There is strong support in the $22400 vicinity, and I personally would enter if I see bullish return signs in that area. MACD is also indicating a bearish trend so far, both in moving averages and momentum. FYI, I entered at $17500, sold one...

parsasajedi69

Although MACD is not exactly favoring us based on daily candles, There are quite a few resistances supporting the candle as of today. RSI shows oversold/undervalued parameters, Ichimoku cloud, and fib channel are also supporting the trend. My guess is that prices will move up slightly, then there could be a second recession again. After this process my guess is...