Binance Life triggered an oversold signal on the daily chart. Oversold on the daily chart does not mean you should immediately go all in to buy at the buy the dips. Currently, its structure is deteriorating, and the EMA moving average has been broken. If it rushes in directly, it's easy to get caught halfway down the mountain. The safest approach is: Wait for it to first stage a decent rebound, return to the EMA moving average, flatten out, and then combine it with the 1-hour or 4-hour oversold signals to form a resonance between large and small cycles. At this point, consider using a small position to try a trade, with a clear stop-loss and a stable mindset. Finally, a friendly reminder: when demystifying Altcoin, don't let their seemingly sophisticated names tempt you to invest real money in a fight against capitalists...

Something's not right. Why isn't Crazy Thursday at the end?

Another one, I'm here now, shouldn't it rebound by now?

Currently, it is in the form of a "toilet brush".

🤣Image