The indicator shows that the BTC is massively oversold and that's by all means a positive thing. However, anything can happen in the market and therefore the indicators don't always show the future.
I've drawn three possibilities, but I'm still optimistic that we finally can see some upward movement.
So look over the market: stay cautious, do not overreact or panic and you just might come out with a fortune.
Goodluck!
I've drawn three possibilities, but I'm still optimistic that we finally can see some upward movement.
So look over the market: stay cautious, do not overreact or panic and you just might come out with a fortune.
Goodluck!