The market selloff just reached 50% of its down trip, another 50% to go. We are still in a downtrend and for sure we will see some bullish pops, caution not to go long unless it's really short term.
Based on my analysis, we can reach the $2890 level before starting to see a bounce back. MACD is just crossing 0 and RSI is not in oversold territory yet. So all what happened is just simply a correction and not a pull back.
I marked in blue the MACD and RSI levels we need to reach before seeing a shift in trend and sentiment.
Based on my analysis, we can reach the $2890 level before starting to see a bounce back. MACD is just crossing 0 and RSI is not in oversold territory yet. So all what happened is just simply a correction and not a pull back.
I marked in blue the MACD and RSI levels we need to reach before seeing a shift in trend and sentiment.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.