Bearmeggedon
The fibs have been stripped, silly me in a bear market didn't automatically flip the grid to anticipate what the TA told me. At this point though, with BTC and the cryptomarket in general getting str8 savaged there is NO bottom. Lots of a ERC20's are already under their presale value...
Anyway, TA here is simple: Rounded top is turbo-confirmed, and the minor divergence on the V/PZO exists on the daily and weekly as well.
WARNING: About divergences [other than the fact that this isn't financial advice] is that when price just tears hard in one direction a divergence is likely to happen, even on volume weighted oscillators. This is just a reflex to abnormal volatility, not necessarily a strong signal and especially not when a major move comes after a period of low volume/volatility; with slower or more deliberate price action divergences have more weight.
So take the oscillator with a grain of salt but ya boi is obviously wishing deep in his heart that this is a bottom and a thrust to 3k isn't necessary.
Who the fuck knows though, good luck, big F to all those brave ASIC's out there in a ditch somewhere.
Anyway, TA here is simple: Rounded top is turbo-confirmed, and the minor divergence on the V/PZO exists on the daily and weekly as well.
WARNING: About divergences [other than the fact that this isn't financial advice] is that when price just tears hard in one direction a divergence is likely to happen, even on volume weighted oscillators. This is just a reflex to abnormal volatility, not necessarily a strong signal and especially not when a major move comes after a period of low volume/volatility; with slower or more deliberate price action divergences have more weight.
So take the oscillator with a grain of salt but ya boi is obviously wishing deep in his heart that this is a bottom and a thrust to 3k isn't necessary.
Who the fuck knows though, good luck, big F to all those brave ASIC's out there in a ditch somewhere.
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