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@BOMBERuss more from that month

According to the following unprocessed Fibo, the level is -0.618 = $ 28,150, the intermediate resistance is at $ 31.2k, there are no resistances below 30k up to 20k. The 4-hour and daily RSI is heavily oversold, a chance for growth will appear when a bullish divergence appears on this indicator. On the weekly RSI, we are anchored in a bearish trend, this is a mark less than 50 on the indicator, which is a very bad sign, this week it is desirable to jump above the 50 level. The fear and greed index has grown since yesterday (it was 11, today it is 13) The funding rate is about neutral, on some exchanges a little more short. In general, the situation is quite pessimistic. On Wednesday, the Fed meeting, it is possible that the market is playing back the news in advance, my forecast is that the rate hike will happen at the next meeting (March of this year). On Wednesday, a lot of news is expected and very high volatility in the market, up to extremes with a negative - 20k, with a positive 40k.

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