ioxoi
Short

Decision point in RSI channel

HUOBI:BTCCNY   None
the last 3 month the daily RSI are in a descend channel, we are in the end of the trend?, or the confirmation of the new downtrend?

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so what does this mean exactly? the RSI has just about popped the red line, is that at all significant?
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ioxoi BenjaminNewton
The meaning for me is a trend, when it's broken I suppose the end of the trend and the beginning of other trend, but in this case only touch the limit before to going to the down of the channel
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