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Feb 24, 2019 12:41 PM

Rising Wedge on RSI (D) / RSI Overbough (D) / RSI Resistance (W) 

Bitcoin / TetherUSBinance

Description

Rising Wedge on RSI (bearish pattern).
RSI Overbought (>70) in a bear market (short-term = bearish; long-term = VERY bullish).
In the short-term, the momentum is running out.
An RSI above 70 in a bear market in the long-term is a very bullish sign!!!


There is also resistance on the weekly RSI.
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