Crypto Total Market Cap Excluding Top 10 Dominance, %CRYPTOCAP
Description
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Historically the DSO & RSI combo is a great tool for spotting potential trend reversals. I find it to be most accurate on the OTHERS.D chart when looking at the 1W.
I find that: - When ever the RSI and DSO meet above 80 % the trend seems to turn to the downside. Set the limit at 70 % and you would get a lot more tops. - When ever the RSI and DSO meet below 20 % the trend seems to turn to the upside. Set the limit at 30 % and you would get a lot more bottoms.
Current situation: DSO is right now at 1.22 % and the RSI just crossed the 12.85 % level (= 28.73 RSI) I would not be shocked to see OTHERS.D go to 10-11 %, but then we could see a shift in the trend as explained above.