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UnknownUnicorn1163721
Jul 23, 2018 6:23 PM

ETHBTC 1D RSI perfectly predicts when to buy or sell alts Long

Ethereum / BitcoinBitfinex

Description

A lot of people are facing confusion about when to get into and out of alts recently. It honestly doesn't seem any more difficult than this. Overbought (>80) RSI for ETHBTC would have had you sell alts on 1/9, 1/31, 5/4. All great dates to have gotten in or out of alts if you check the peak and trough dates for Stellar, Cardano, IOTA, and other alts. Oversold RSI (<25) would have had you buy alts on 12/17, 3/18-27, and today 7/23.
Comments
Hsamman
Your analysis is the simplest and most accurate, I have learned something important which I'll be using in the future....Job well done John, keep it up.
OffTheChainCrypto99
Solid idea! Been using this strategy as my benchmark for longer term swing trades the past few months and its been doing well!
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