Seeing stronger RSI towards the downside, along with the Fisher lows at the same levels making lower lows. Sell volumes increasing as we go further down, indicating the possibility of a full-on panic mode.
To further the point, major support levels such as 800 on stamp and 900 on Gox were cut through with little resistance.
The trendline of the sideways channel still holds. Breaking this line will confirm that we are on a downtrend that could persist for weeks if not months.
To further the point, major support levels such as 800 on stamp and 900 on Gox were cut through with little resistance.
The trendline of the sideways channel still holds. Breaking this line will confirm that we are on a downtrend that could persist for weeks if not months.