If we take a look at BITFINEX:XRPUSD we see that we are currently sitting at around 10% of the all time high in price.
When we compare this to On Balance Volume we see that we are currently sitting at 75% of the all time high, this is a MASSIVE disconnect!!
On Balance Volume measures the net inflow vs outflow of money into an asset, as we can see in the last...
The bears have been firmly in control here with NASDAQ:TSLA screaming down over the last couple of weeks.
No let up in the MACD, RSI or OBV all looking extremely bearish and making lower lows on the weekly.
Now we will see if the key Fib level of 61.8 can provide any support for poor old NASDAQ:TSLA
