This chart here is extremely self-explanatory folks.
RSI is in the toilet and trends are repeating themselves. This is the fourth iteration of the SAME exact pattern now. We have a peak, see a correction, price runs up fast, and then drops even faster. And what has happened the last three times this took place? Price bounced and we see bullish sentiment return.
This is uncharted territory for us all. You're doing yourself a disservice if you contemplate a short here. Not one indication is telling me we go much lower.
RSI is in the toilet and trends are repeating themselves. This is the fourth iteration of the SAME exact pattern now. We have a peak, see a correction, price runs up fast, and then drops even faster. And what has happened the last three times this took place? Price bounced and we see bullish sentiment return.
This is uncharted territory for us all. You're doing yourself a disservice if you contemplate a short here. Not one indication is telling me we go much lower.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。