TradingView
ponzialchemist
Jul 1, 2021 8:17 PM

Daily RSI magic continues Short

Bitcoin / United States DollarCoinbase

Description

Daily RSI has been spot on until now with the tops, we shouldn't see 36k again until the bottom is seen.
Comments
ImminentDebacle
It could keep moving up and break the trend line though...
ponzialchemist
@ImminentDebacle, It will but question is when, and i don't think it will happen until we see much lows.
ImminentDebacle
@metalalchemist, Well, I've been watching it for weeks now hoping for the RSI drop as others thought it was bumping the trendline. I mean, it has moved on from the bottom trend at least. Noway it drops lower than the May 20th low to continue it. But I'm hoping it dumps again. The weekly RSI still has room to drop and stay in trend.
ponzialchemist
@ImminentDebacle, Yeah, never know for sure
More