Price is back in the descending range after dropping below during the flash crash, which can be viewed as an anomaly.
Wave 2 appears complete at the golden pocket Fibonacci retracement. Price was rejected at the daily 200EMA and channel upper boundary and has lost the daily pivot and High Volume Node, suggesting further downside is to come.
📈 Daily RSI bounced from oversold alongside price with no divergence.
👉 Continued downside has a target of $0.07 at the next High Volume Node support and alt-coin golden pocket 0.786
Safe trading
Wave 2 appears complete at the golden pocket Fibonacci retracement. Price was rejected at the daily 200EMA and channel upper boundary and has lost the daily pivot and High Volume Node, suggesting further downside is to come.
📈 Daily RSI bounced from oversold alongside price with no divergence.
👉 Continued downside has a target of $0.07 at the next High Volume Node support and alt-coin golden pocket 0.786
Safe trading
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Related publications
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.
PhD Cand: Investing & Sentiment , MSc Financial Econ
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Trader 8 years, Investor 15 years
The Sentiment Investor - Market Psychology: thesentimentinvestor.substack.com
Trade Planning, Strategies & Signals: Earn & Learn: tradesignals.substack.com
Related publications
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.