Guys, are we looking at a full blown depression in the early 20s?
I rarely include RSI in my charts, because i believe that charts, and price actions is all u generally need to make a right trading decision. But in this case, you can see that we have a divergence in RSI and RSI is heading lower from this point on.
Am i too pessimistic or too realistic? But whatever this is, something is really wrong with the bull market here.
What is worse we got so many fractal events inbound, and i can;t imagine them to be all happy bulls.
Good luck everyone ;)
**LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask. If you got a question, ASK away! And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!