I'm a 100% "Show me the chart, I'll tell you the news" type of dude.
So.. You never know when a crazy green momentum shift is gonna come. But if you've traded this coin, you know what's coming. So.. Every time I see red like that below 9K.. I'm patiently buying the bottoms.
Anyway -
Three Buy zones here.. Waiting for the tests of the two zones.. Shorting here is dangerous.. Going to try and shoot for ze bottom, we've been seeing some decently long wicks.. and if the CME gap theory holds true, we're going back up to fill the 9.4K one as well.
CME GAP is the Blue horizontal Ray.
Possible + trending slope on the MACD
RSI is oversold AF.
Fibs show us the roads it could take.. Indicators are tough right now, avgs thrown off from getting punched in the face.
I'm playing with different SMA's and will keep digging until I find something in the RSI.
What are you guys thinking? Would love to hear below!
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