Oversold Monthly

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Reasons for going down:
- Macro is a disaster
- FED relentless rate hikes
- Scams after scams after scams
- Bitcoin dominance still pretty low


Reasons for going up:
- Monthly RSI is ridiculously oversold, like never before
- All crypto youtubers are calling 12k or lower
- Mainstream is calling that crypto is dead (again)
- Most are bearish
- The chart line I have drawn looks lovely


Disclaimer:
- Don't take this chart to the bank
- I am as far as Pluto from Earth to being a financial advise (Not financial advice)
- Just a random guy who likes to look at trading view (that too with a basis free account)
- I am nowhere close to a crypto millionaire, so slap yourself (twice) if you blindly want to follow this suggession
- Do your own research (maybe like 10 times before dipping a pinky in the current market)


Best of luck and try to be the contrarian, it WORKS more than it DOESN'T
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So the targets i will be looking at:
- 25K -> Imo Very Likely
- 30K -> Imo Very Likely
- 35K -> Likely
- 43K -> I think this might be tough. will just make me look like a genius
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Monthly Oversold (Details)
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on track
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On track
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On track
Chart PatternsTechnical IndicatorsTrend Analysis

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