If all timeframes are oversold and the MM dumps, then let the price go sideways for the RSI on smaller timeframes to rebound to 30-40 before continuing to sell; it doesn't necessarily need to rebound significantly.
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PusaveM
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Almost all timeframes are oversold, only the monthly timeframe is overbought. The orange line is support which I feel is strong enough (HT: 486). If it breaks through, it may go deeper. This one will eventually adjust down further, but it is necessary that the timeframes that are oversold have to adjust upward in the short to medium term. This is just my personal prediction; I am not a professional trader!
Almost all timeframes are oversold, only the monthly timeframe is overbought. The orange line is support which I feel is strong enough (HT: 486). If it breaks through, it may go deeper. This one will eventually adjust down further, but it is necessary that the timeframes that are oversold have to adjust upward in the short to medium term. This is just my personal prediction; I am not a professional trader!
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