Technical Analysis. trading volume gradually decreasing since March 2009 most recent price action over-extended based on Fibonacci extension plotted from the beginning, peak, and trough of the previous business cycle monthly MACD indicators suggest a potential trend reversal monthly RSI overbought since the beginning of 2018 bearish divergence forming...
Daily RSI indicates overbought levels since Sept 5th Daily MACD is about to cross over downward Buying volume slowly being exhausted Potential to retrace to key Fibonacci levels at (0.5) ~$40.53 (0.618) - $36.74 DISCLAIMER : This is not financial advice nor is it a recommendation to short
It is my personal opinion that Cardano remains to be one of few projects with extremely strong fundamentals. However, Shelly being postponed until Q1 2019 has done nothing but fall short of people's expectations and hurt short-term investor sentiment. Generally speaking ,the markets in the short-term are more emotional/irrational and often times prefer...
Daily RSI confirms overbought since August 26th Buying volume slowly dwindling Daily MACD is looking like it is about to crossover downward May retrace to key Fibonacci levels of 0.5 ($2.3) and 0.618 ($1.9) DISCLAIMER: not financial advice or a specific trade recommendation to short.