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I'm assuming you bought high? Learn to read trading indicators. You'd see that it was massively over bought and bound for a bit of a correction. Also, if you
by throwaway743 6y ago
I'm assuming you bought high?
Learn to read trading indicators. You'd see that it was massively over bought and bound for a bit of a correction.
Also, if you think this is bad... you haven't been in the shit yet/must be new to this market.
- mekster 6y agoWhat is the indicator that made you think it was massively over bought at $9.5k?
- throwaway743 6y agoRSI(28) started peaking on the daily chart. Weekly and monthly charts are showing room to move either way. Stochastic RSI is at mid range on weekly, moving upwards, and has yet to cross over. Same for monthly, except it's moving downwards. Daily was pretty oversold, but longer term looks to be brighter.