liw0

Past Scenarios with RSI 70 on 3H

BTCE:BTCUSD   Bitcoin / U.S. Dollar
135 3 0
What happen the last time the RSI went to 70 on the 3 hour timeframe?
No worries, it's good to tease this stuff out. I'm still experimenting with secondary indicators. Any specific reason you choose RSI ahead of Stochastic RSI?
Reply
Thanks for sharing liw0. I wonder is that was true because we were downtrending? If we go back a further to an uptrend, the theory doesn't seem to hold true. So now that we are uptrending again...

Caveat: I am a beginner.

snapshot
Reply
Perfect counter argument! I also missed that the bearish RSI divergence turned into a bullish divergence. That must have been the bear inside of me wanting to pick up some cheap coins ;)
snapshot


Thanks for pointing out my error!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out