BTC Head and Shoulders in RSI (+Fibo Flag)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I've just came up with the idea of H&S in RSI and look - there was no clear downward head since July 2013. Is this sign strong enough to buy?
I noticed you can find some underlying info in RSI trending patterns, definitely interesting.
+1 Reply
Vatis IvanLabrie
Thank you, Ivan
This a bit like voodoo :p
+1 Reply
I've never seen this before hehe.
And I don't think this exist, but it looks interesting to me!
+1 Reply
Vatis Maddie
Have a look here ;-)
+1 Reply
Maddie Vatis
Hi there,
Thanks for sharing.
This guy drew and H&S on the RSI when it also happened on the chart.
You drew H&S's everywhere also when it didn't happen on the chart.
But it looks interesting to me!
In my opinion we're also near to the bottom and were going up further.
You'r inverse H&S is suggesting the same.
Another thing that suggesting an uptrend is that the RSI went below 30's this indicate that a new uptrend is coming after we broke the 53's :)
+1 Reply
Vatis Maddie
Thank you for your feedback and opinion!
Interesting approach on H&S in RSI indeed, the last Head and right shoulder also show a good bullish divergence and good chances to break at last the RSI downtrend :)
+1 Reply
Vatis BTC_Daily.Pips
I am also inspired buy your charts and ChartArt's. I wouldn't be so bullish, if not for other positive signs.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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