Well looks mine previous trend drawing was right. Seems like unless some huge whale buys in, we are still going to at least 50% fib. Look at stoch and macd, all overbought stoch had their respective oversold periods which where smaller everytime, so where did this power go? see overbought also gets aggressive but smaller. MACD shows that we are at the top but no one sells. So unless we see a big huge move up (which i doubt, look at that ask book) we are going down.
Comment:
So it seems like I was right to expect a downturn here and in the other idea. Let's see how it plays out at the bottom.
