The fourth wave has completed. The fifth wave will continue moving downwards.
MACD bottomed out and crossed, RSI bottomed out. That dump went to the core. Moar to come.
Return of the Green Channel! I took old lows and plotted the greeen channel ages ago. The most recent pump just put us right into the middle of it. Called it :)
RSI is still overbought so there is plenty of room for MOAR DOWN!
Long position looks secure now that we have a slight push up
Its my first publish idea! How you can see we have some bearish divergence and I use Fibonacci pivots to find some resistance. PS: sorry for my English =)
follow me on twitter @flibbr Improved design / readability on my previous chart