When I see I parabolic advance in a chart, it means that there is excess selling. Therefore I'm always looking for the price to reverse violently in the other direction.
Happen before probably will happen again.
The RSI show a slit divergence not confirme yet.
A buy can be made if /when the price start to trend up on that time frame.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on Tradingview
Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
Happen before probably will happen again.
The RSI show a slit divergence not confirme yet.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on Tradingview
Disclaimer: This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
