Optimism is forming a cup and handle pattern. The measured move puts the price around $12. The pattern is not complete until the the price breaks above the neck line.
Falling price and falling volume could mean a reversal is near.
Daily stochastic RSI has been in oversold territory. The last time the daily RSI was this low the price went up 450% in 21 days.
Unless Bitcoin tanks. Then its going to 0. :)
Falling price and falling volume could mean a reversal is near.
Daily stochastic RSI has been in oversold territory. The last time the daily RSI was this low the price went up 450% in 21 days.
Unless Bitcoin tanks. Then its going to 0. :)
