Almost oversold is not a good sign bro. It could go oversold for weeks lol
lyl89
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@ChartsOnTime, well, you might be right. I'm still trying to see how well TA works for crypto. Thanks for your comment though.
Ecua_Trader
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@lyl89, you are here for a long ride lol this is nothing like anything you know. if you read any books about TA in the 1930-40 that is exactly what you will find, a complete kaos lol. good luck bro this is a fun market a lot of haters though.
Broom
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@lyl89, In general TA works very well, however, maybe not harmonic patttersn. I too noticed this near perfect gartley, however, only because I did forex previously... many crypto traders don't look for patters, only elliot waves, trends, structure...