Bitcoin( INDEX:BTCUSD ) Weekly RSI in Saturated Range = Corrective Trend
- In the history of Bitcoin, whenever the RSI indicator has reached the saturation zone (especially the range of 80-99) in the weekly time frame, the trend of at least 1 week and at most 300 days will enter the corrective or sideways phase (shown by blue vertical lines).
This situation...
Hi
RSI indicator needs some improvement. such as:
1- add on it auto-selection of bottoms and tops, right you add some improvements to it, it will be easy to give you where are bottoms and where are tops,
2- also gives you if this trend is positive or negative. on the chart or on the indicator.
3- it gives you a signal if it's up or down. rather you select them...
