From the hell.
It looks extremely bad. I see an inversed cup and Handle. That's mean that it could go very deep.
There is an alternative way . more lucrative.
I would do so. If it bounce from the dotted line, it will goes higher and following the positive trendline.
If it touch the red line there are two possibility .
1) double bottom and go higher
2) come back to reality!
RSI is extremely bearish.
Be carefull if you are bullish on verge
It looks extremely bad. I see an inversed cup and Handle. That's mean that it could go very deep.
There is an alternative way . more lucrative.
I would do so. If it bounce from the dotted line, it will goes higher and following the positive trendline.
If it touch the red line there are two possibility .
1) double bottom and go higher
2) come back to reality!
RSI is extremely bearish.
Be carefull if you are bullish on verge
MAybe is not that bad this verge. Nice candel