Fear/Greed is at 11, very fearful.
We are exactly where I thought we would drop to support, but way faster than I expected. I expected some time at 10.6k, then to 10k with a clear bullish divergence at some point. I see what could be bullish divergence on the 2-hour, and the 4-hour is oversold. The daily still could drop some more on the MFI.
If we break below the wedge, which I will consider confirmed at 9.6k, I'll switch to short.
We are exactly where I thought we would drop to support, but way faster than I expected. I expected some time at 10.6k, then to 10k with a clear bullish divergence at some point. I see what could be bullish divergence on the 2-hour, and the 4-hour is oversold. The daily still could drop some more on the MFI.
If we break below the wedge, which I will consider confirmed at 9.6k, I'll switch to short.
註釋
alternative.me/crypto/fear-and-greed-index/fear greed oscillator.
註釋
price did dip to 9.5k quickly but we're back to 10.4k now, support held.
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