ImThour

Ethereum Weekly RSI Analysis

BITSTAMP:ETHUSD   Ethereum
Welcome everyone,

In this chart, you can see two labels:
1. RSI Cross Down
2. RSI Cross UP

When RSI crosses RSI's SMA and RSI < 40, it's Cross UP.
And When RSI crosses RSI's SMA and RSI > 60, it's Cross Down.

In the chart, you can see how the similar pattern has been formed on Ethereum Weekly.
If this is the case again, you can see a drop down from (E) pretty soon.

Let me know what you think about this idea.
Thanks for visiting ;)

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