Hmmmmmmmm... How can i forget about the log scale?
Just look at the log scaled chart, we are still in the huge downtrend and has just been attacked by the roof of the trend.
The problem is, Fibonacci Channel has more respect for log scale than normal scale. And with the low volume, can't tell it's not going to crash.
Hmmmmmmmmmmmmmmmm
My advice is NOT placing any position at this place, take your profit and jump in later.
- MrPalmTree
Hmmmmmmmmm...
Just look at the log scaled chart, we are still in the huge downtrend and has just been attacked by the roof of the trend.
The problem is, Fibonacci Channel has more respect for log scale than normal scale. And with the low volume, can't tell it's not going to crash.
Hmmmmmmmmmmmmmmmm
My advice is NOT placing any position at this place, take your profit and jump in later.
- MrPalmTree
Hmmmmmmmmm...
Note
FUD hardly huh ?In my personal point of view, this shit is not going to have good future ;)
Note
Updated Idea:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.