if you understand indicators you can see our previous drop was coming from a massive price increase which flooded the market. the rsi was way oversold this drop we are in the normal meaning this is just investors taking profits the price will hold that 38k support. tsi looks good and stoch rsi is coming down closing to a bottom! just another bounce. we will most certainly make a new ath this run, im thinking around 85. also we were recovering from a divergence even on the weekly, this time no divergence! i think we could even see a jump back above our trend line.
you should find real comfort in these numbers!
you should find real comfort in these numbers!