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JUST IN 🚨: Argentina reportedly in final negotiations with the United States to become the first zero-tariff country

chart time frame : 1D. Observations and Analysis: Price Trend: The price chart shows a significant downtrend, with the price currently at $0.5603. The price has been consistently declining, indicating strong bearish momentum. BOLL (Bollinger Bands): The price is currently near the lower Bollinger Band, suggesting a potential oversold condition. However, in strong downtrends, prices can remain near the lower band for extended periods. SAR (Parabolic SAR): The SAR dots are above the price candles, confirming the downtrend. SAR suggests the downtrend is likely to continue as long as the dots remain above the price. Volume (VOL): The volume bars are not particularly high, indicating a lack of strong buying interest. This reinforces the bearish sentiment. Moving Averages (MA): The 5-day and 10-day moving averages are both sloping downwards, confirming the downtrend. The shorter MA is below the longer MA, indicating bearish momentum. MACD: The MACD line is below the signal line, and both are below zero, indicating a bearish trend. The histogram is also negative, further supporting the bearish sentiment. KDJ (Stochastic Oscillator): The KDJ lines are below 20, suggesting an oversold condition. However, as with the Bollinger Bands, oversold conditions can persist in strong downtrends. RSI (Relative Strength Index): The RSI is at 27.11, indicating an oversold condition. However, similar to the KDJ, oversold conditions can persist during strong downtrends. Stoch RSI (Stochastic Relative Strength Index): The Stoch RSI is also at the bottom, indicating an oversold condition. Price Projection: Based on the analysis, the current trend is strongly bearish. While the indicators suggest oversold conditions, they do not necessarily indicate an immediate reversal. The price could continue to decline in the short term. Potential Scenarios: Continued Downtrend: If the bearish momentum persists, the price could continue to decline, potentially testing lower support levels. Consolidation: The price might consolidate within a range if the selling pressure eases. Potential Reversal: A reversal is possible if there is a significant increase in buying volume and the indicators start to show bullish divergences. However, there is no clear indication of a reversal at this time. disclaimer : don't agree with me do your investment at your own research and risk.

My fav thing to do is look at the posts (usually panic or euphoria posts) around news and fundamentals where there’s zero edge around but people try to sound smart around it and write down a 1000 word essay of why something is gonna happen but then the opposite happens

My fav thing to do is look at the posts (usually panic or euphoria posts) around news and fundamentals where there’s zero edge around but people try to sound smart around it and write down a 1000 word essay of why something is gonna happen but then the opposite happens

EY changes Nightfall blockchain from optimistic rollups to ZK rollups Big Four accounting firm EY has introduced zero-knowledge (ZK) rollups to its Ethereum layer-2 blockchain, Nightfall, which was previously based on optimistic rollups, according to Cointelegraph. This update