The Fear and Greed Index has hit its lowest rating this year for Bitcoin. We are now in Extreme Fear territory. As Warren Buffet says, "be greedy when others are fearful." When it comes to crypto, I do not panic sell, I buy the dips and hold. These major dumps are due to whales manipulating the market so they can buy in lower.
With that being said, due to the major market dump, we are now attempting a recovery. FORTH has formed a falling wedge pattern (bullish). The market may take a couple months to fully recover, but keep an eye on FORTH breaking out of this pattern. $32 would be major resistance.
I still think that FORTH's long-term future has plenty of open road ahead.
This is not financial advice. These are just my ideas and opinions.
With that being said, due to the major market dump, we are now attempting a recovery. FORTH has formed a falling wedge pattern (bullish). The market may take a couple months to fully recover, but keep an eye on FORTH breaking out of this pattern. $32 would be major resistance.
I still think that FORTH's long-term future has plenty of open road ahead.
This is not financial advice. These are just my ideas and opinions.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。