If RSI on hourly dips below 30 and goes to 20-25, this could be the start of a bear trend.
Comment:
RSI just reached 22 on the hourly on Bitfinex. Calling trend reversal for at least a week.
Updated chart:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Updated chart: