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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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。