You are viewing a single comment's thread from:RE: LITECOIN (LTC) Update: Tracking my forecastView the full contextsamiam22 (25)in #bitcoin • 7 years ago Wat u think of this analysis https://www.tradingview.com/chart/LTCUSDT/y120DGYw-Litecoin-Entry-Level/ Thanks
Hi samiam22,
Yes, RSI could be oversold, but in an accelerating declining market, oversold conditions become more oversold and selling and decline accelerate to deeper and lower levels. That's why I label my EW like this: