BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
86 2 1
looking bullish short term but beware daily chart
StochRSI on the daily looks a lot more promising than the RSI...
Hans JeroenHouttuin
"It is important to remember that StochRSI is an indicator of an indicator, which makes it the second derivative of price. This means it is two steps (formulas) removed from the price of the underlying security. Price has undergone two changes to become StochRSI. Converting prices to RSI is one change. Converting RSI to the Stochastic Oscillator is the second change. This is why the end product (StochRSI) looks much different than the original (price)."


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