I think there is good stuff regarding the RSI and historical trends. My only concern is that the current trend is slowly starting to not follow history.... I hope you are right regarding the RSI and that a lot of people use that as the signal to buy back in but I think we may be in for another few weeks of crap before it goes back up. We may hit the bottom but and go sideways for a bit which at least would be better than going down like it has lol.
You are viewing a single comment's thread from:
Right, I think we hit bottom and will be bouncing from 6700 to 7200 for the next few weeks the market turns around, the only problem is the bad news keeps rolling in every fucking day. Every day its another FUD headline.
Well the good news is the hearing with Congress is over and they recommended a don't hurt it approach like they did with the internet. They want to focus more on scams and ICO's and ETF's so that might be good news. They did mention looking at the exchanges though so will be interesting to see what comes of that.
Yeah, best to keep your fund in over seas exchange to avoid them snooping.
That and ones that don't keep transaction history such as Binance :)
Yes, that is my Fav!