BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Another possibility of double bottom ,
strong support @5k,
almost oversold,
in 4 hours timeframe RSI is still bullish .
Need more volume
Rajmore,

1) You must use a logarithmic scale. Your reading is misled by your scale.
2) RSI and Stochastic indicators will always tell you the same thing. They behave exactally the same way. Use only one of your choice.

Take care,
+1 Reply
RajMore jim626
@jim626, thanks for correcting Jim, I’ll keep that in mind.
Reply
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