Fear and Greed sentiment indicator is showing a lot of fear....
Even in stock markets, Technical Analysis does not exactly portray accurate gains and losses. Then what more if it's a cryptocurrency in a gigantic network that is so-called blockchain. We have no freaking idea, the Analysis we see now are based on last markups and downs of a certain cryptocurrency. Although it actually "help" in hindsight if you will, the actual thing may happen very differently.