Ladies and Gentlemen welcome to another edition of FrancoBlanco's Dreams. From what my imagination can depict a nightmare is near a monitor near you. MACD Technically is looking over-exhausted. The RSI History Alert indicator is looking exhausted. These by no means should be used as investment advice. Please DYOR Hit the like and leave a comment and let me know...
White lines are basically drawn S/R lines from June 2019.
Blue/Yellow are larger and smaller flag formations we are currently still in or have broken out of so far.
I can't really explain the chart as I have just drawn it but looks OK to me.
I still think we are in a bearish formation although it does look very bullish on most other charts. I think this is...
A very rustic chart showing the bear flag we have been in since the huge dump and until today, we have been struggling to break out of.
This could very well be the break above we all hoped for, although I would wait at least another week of breaking this flag pattern before I change my personal bias. I do think this could be a possible fake-out but we will see...
