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MoggsUk
Sep 30, 2019 9:49 PM

RSI at bottom or near bottom. bitcoin Long

Bitcoin / United States DollarCoinbase

Description

RSI on daily is bottoming . on the weekly its at 46.6

nvt seems to be leveling and crossing over

We are not looking to bad, this could lead to sideways for a while, just because it bottoms it does not mean it will moon, it can stay over sold for a while and bring sideways small movements, or it could moon!!

as i said on the last i believed we would go below 8k and we flawed to about 7680, all be it on a candle wick.

theres gaps on CME at 11700 and a small gap at 10125, if the un writtan rule that gaps need filling then they need to be filled!!

i always use charts in LOG, its better to see growth and history

Im long, this is of course just my opinion , always watch the RSI in weekly and daily, if your in it to hold and long term

if your a trader then 4 hourly is best, just my opinon
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