Cryptoer_Lion

What I learn from RSI and 2015.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
CHART clearly shows the relationship between RSI and BTC price. SO , I think we may short it now and close short & open long when RSI retest bottom
again.
TOTALLY WRONG !!!!!!!
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For long term holders anytime it's under RSI 40 is a good time to start your accumulation and we have been under 40 since December... If you buy believing BTC is going to $100k one day just start buying now...
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@SEQLAR, couldnt agree more
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@SEQLAR, U R right.
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Nice approach.
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Fully agree. I think we've got one more shakeout to get before we're going sideways. The market still didn't break any major downtrend, so I don't see the reason to be overly bullish.
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Please take a look at our idea and let us know what you think!
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real cool chart, bro
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Ask yourself this: "If BTC (or any other asset) always bottomed out the same, trading would be real easy, now would it"
I'll give you a tip, take a look at wyckoff method >> accumulation and distribution schematics (accumulation schematic no. 2 in this case). Compare that to BTC chart. It starts right after the price drop in November
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Cryptoer_Lion kekekoolen
@kekekoolen, thanks for your tip , can u drop a sketch chart of wyckoff of btcusd ?
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