We have some way to go down in this mini bear market.
Very similar divergance as BTC had just before the 65% correction
Exactly the same price/rsi divergance on the Weekly like Bitcoin had.... this is going to drop like a stone and the FED will step in and buy it all when its 20 to 30% down
First we will see the biggest deadcat bounce of around 60%
probably a coincidence.. :thinking_face:
We only go up....the reasons are clear, but a correction is probably needed/wanted by everybody
somethings its better just to wait and let a few percentage gains pass
Many indicators oversold. We bounce up, but we havnt seen the bottom yet imo. Im a bull /long for 2 days.
Get ready for a proper pullback...finally after 7 months....a pullback that lasts atleast a couple of weeks this time..
One more major correction this year, before we get so much stimulus that the currency will be printed into oblivion
Another way of drawing the bigger picture and coming ATH breakout bulltrap
Classic bulltrap.....trading isnt easy and most people always get rekt. Especially a lot of new people/money in a hyping market.
Seems that history is repeating when you look at sept 2017 and june 2019
Who wants to be the contrarian?
Abougt 20.000 dollars imo. We are currenlty doing “three pushes to high”