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TraderMeymz
Sep 14, 2019 9:02 PM

OVERBOUGHT WHEN TRIANGLE PATTERN COMPLETES? Short

Bitcoin / United States DollarCoinbase

Description

RSI going up when triangle pattern near completion. Will this happen or I have just always been a contrarian to the cryptomania?
Comments
cerealino
march 26th july 19th RSI has been above 50. It is just crossing now and can stay long above that value, even overbought. a slow retest to the descending line would be healthy
TraderMeymz
@cerealino, long bias? I don't see the same power it had before, we'll just see what happens.
cerealino
@TraderMeymz, fundamentally positive in the long run, from here till 2024 theres plenty of time :) volume is lacking, true. I think it needs to get back to ATH range for ppl to step back in... we ll see
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