Deep Onion - Technical Analysis - 21.01.2018

All right,

So today's update is as following - NO CHANGE :)

On today's chart, we can pretty much see that we are trading at around same level as we did 3 days ago. We can also see that volume is very low, MACD lines are still walking in a parallel together, and RSI is somewhat pointing down, but that's not something to worry about. I would call this a solid consolidation time or as I said earlier status quo. We are NOT dropping in price, we are still trading close to 0.235 fib. level. Many portfolio apps and websites out there are converting Deep Onion into BTC and then showing you a USD price, so if BTC drops so is Deep Onion, and it's somewhat true but that's Bitcoin doing the drop and not Deep Onion as we are still on the same place we were 3 days ago. Just keep that in mind. Stay cool and keep it up :)