Although the RSI is oversold right now, it doesn't directly mean this coin is ready with its correction.
The last correction (white) lasted almost 200 days.
If we can follow that indication, we are now past 1/4 of the total correcting of this cycle.
The coin will go sideways (between the 0.782 & 0.88 level) for a long time.
Thus i'm short on XEM/BTC.
#LOVE
The last correction (white) lasted almost 200 days.
If we can follow that indication, we are now past 1/4 of the total correcting of this cycle.
The coin will go sideways (between the 0.782 & 0.88 level) for a long time.
Thus i'm short on XEM/BTC.
#LOVE