Majority of weak (media followed/Twitter based folks influenced) hands are flushed and more people anticipating for more & more downside is an indication of bottom.
Weekly chart makes it all clear. Massive WEEKLY Bullish hidden Divergence visible in RSI/MACD
Selling pressure is exhausted & not much of any interest there in dumping.
Indicators showing the upwards wave as clear as never before.
Remember, nobody knows the exact top/downside when buying/selling but when majority believes something going to happen - do the opposite. Stay away from Twitter/SocialMedia sheep's heard emotions :)
#NotAnyFinancialAdvice #DYOR #Eth
Weekly chart makes it all clear. Massive WEEKLY Bullish hidden Divergence visible in RSI/MACD
Selling pressure is exhausted & not much of any interest there in dumping.
Indicators showing the upwards wave as clear as never before.
Remember, nobody knows the exact top/downside when buying/selling but when majority believes something going to happen - do the opposite. Stay away from Twitter/SocialMedia sheep's heard emotions :)
#NotAnyFinancialAdvice #DYOR #Eth
Trade closed manually
Idea failed - Irrational fear selling, I will think about new idea soon.
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Disclaimer
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.