/biz/ - Business & Finance

Anonymous Tue Jun 7 22:19:34 2022 No.49440557 [View]
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>>49440438
No it literally broke below the channel and is now testing the bottom line. So if anything it just looks like it's re-entering the downtrend it had been in after a hard crash in may.

RSI going the lowest it's ever been isn't any reason to call a bottom, RSI is only useful for conforming momentum and there really hasn't been a reversal on it.

As for volume, it just isn't there and hasn't been for a long time. On the 0.0002 drop it wasn't even the year high but look at this monthly view, it was no volume.

I genuinely see no reason to call a reversal and usually you can at least find one or two.

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/biz/ - Business & Finance

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