Hello,friends :)
I hope this Idea never accomplishes,otherwise we're doomed.
1)Check the weekly RSI,below 50 = downtrend.
2)We are below 50 EMA,very bad sign.
3)We struggle to go above 0.61 Fibbonaci.
If we fail to breake this triangle up,it is " Finito la comedia"
I hope the Bull gods won't let that happen but be carefull about your long entry or purchasing altcoins.
Personal advice: Let a few % pass by you instead of regreting later.
Yours,always wrong:MrDorea
I hope this Idea never accomplishes,otherwise we're doomed.
1)Check the weekly RSI,below 50 = downtrend.
2)We are below 50 EMA,very bad sign.
3)We struggle to go above 0.61 Fibbonaci.
If we fail to breake this triangle up,it is " Finito la comedia"
I hope the Bull gods won't let that happen but be carefull about your long entry or purchasing altcoins.
Personal advice: Let a few % pass by you instead of regreting later.
Yours,always wrong:MrDorea
Nota
It will go to 7680 and dump hard,do not fomo! In case it goes up,make your buys above 7820
Nota
We broke a pattern that formed for 6 months.If you believe it will bounce up now,we have big problems.
Check the weekly RSI,under 50,strong downtrend continuing.Too much room to go down before we reach a certain bottom.
Do not get caught in 200$ bounces.
I am not buying anything untill a new trend is formed.
Nota
Strong downtrend.Next supports 5.5, 4.4, 3.0Nota
We might get a bounce at 5470,from the 100 EMA but that is our last hope :) In case it drops further: 4.4 is on the cards.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.