Potential for downside

28. Feb. 2021RSI and MacD should come on back down to normal levels, technically this is looking over bought. Looking at the rentracement fibs for support levels. I am still long and holding from .18 but I could see this sliding down to .90,.80 easy. If I were to buy, I'd look at doing DCA on these fib levels. Just kidding...I'd spontaneously market buy all in some deep red lol. DCA would be the smart option for me here though. Looks like 40 or 60 on the RSI has been good places for rally so I'm keeping my eye on those levels.

28. Feb. 2021

Kommentar

I'm not saying it's gonna go down. This train is rollin' coal but I would personally wait for an upward confirmation for jumping in at these levels, if we lose this support i think she goin down.