All cycles in nature eventually come to an end.
If an asset that is down 80-90%, is it overbought or oversold?
It would be wise to be accumulating at these prices over the next few weeks / months.
Green arrow indicates we have exited the descending wedge from Dec '18.
If an asset that is down 80-90%, is it overbought or oversold?
It would be wise to be accumulating at these prices over the next few weeks / months.
Green arrow indicates we have exited the descending wedge from Dec '18.
Note
Edit: ....from the high of Dec '17 to the low of Dec '18.Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.