Bear flag, wait for the second dip in RSI for the bottom

11 במרץ 2019

There is a bear flag formed, that indicates one more drop in price. If that drop comes with a slightly higher RSI dip, it will be the confirmation of bottom and price will rise from there on to MA50.

11 במרץ 2019

הערה

RSI dip test was also observed in 19 January, 2015 before bull market. The same thing can be expected and the bottom will probably be around $2000-2800.

Note that this is not a trading advice, DYOR before investing..