The stock market has been artificially inflated by QE for years, which is why we've seen the longest bull market in history. The fed has spent the last decade pumping trillions of printed money into the markets, and now their next plan is to get the middle-class investors to buy in at the top, so they can sell. Why do you think the Trump administration just...
NEO has been in a downtrend for a few years after the ICO bubble, and after being in accumulation phase for most of 2019, I believe we are on track to a massive bull run (alt season)
2 years of a bear market, and we've finally broken resistance and (are now) retesting the support. XRP will be going to the moon this year. Hold on.
Recession incoming.
The US government knows BTC competes directly with the US Dollar, and will do anything to stop it. I'm guessing they will release regulations later this year.
Regression Curve shows we will be going to 50K range!
I believe the price is significantly overvalued. Massive correction soon.
Long Term Growth from Reversal Date
A bearish divergence occurs when prices continue to form higher highs (typical in a bull market) while your oscillator (in this case an RSI) is forming significantly lower highs (indicating weakness in the trend.)
In the short term, we may see a correction as we're at just below resistance. I will be switching to long if we can break above it, and turn resistance into support.