Kashmirpuma
Long

BTC - simple RSI theory

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
272 views
5
272 2
Hello guys!

As you can see in my post we have the average RSI (14) displayed.

If you take a closer look you can see that the last time we have seen a critical oversold region was 2015 and now in 2019 for the first time in 2 years again!

I think sometimes the most simple indications can have a big impact on the overall view.

For me this looks definetly bullish and Im confident that we found some kind of a bottom.

I marked the position where we would be now if the past returns on the charts.
Kashmirpuma Minitech24
@Minitech24, very well catched looks beautiful mate!! Short term bear mode, then we will see a bullish movment again hopefully. Fingers crossed :)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out