reppac
Long

BTC buy! RSI daily oversold

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
  • Every time BTC             -1.01% daily interval RSI has gone oversold, its jumped straight back within 1 day. Its headed in that direction right now.
  • Most times BTC             -1.01% has dropped badly, the bottom is followed by another shallower dip (including the Christmas - New Year double dip).
  • 6 days ago BTC             -1.01% bounced off the 100 day moving average - followed by another (shallower?) dip.
  • Triangle indicates a big movement will happen soon.

When 1D goes oversold at 30% RSI , this will trigger a load of bots to buy. Even if its not the complete bottom, it will certainly be followed by a big bounce.

This week we may have a very nice winter bonus.

A few words of warning:
History does repeat itself, but there is always a first time.

Caveat: I am not a professional trader or adviser. Do your own research before making any trade. Never trade more than you can afford to loose.
Comment: getting closer, biting my nails...

https://www.tradingview.com/x/lksuJKUK/
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