RSI with Bull/Bear Resistant -Support
RSI with Bull/Bear Resistant -Support
RSI 14 , Overbought = 70 , Oversold = 30 as original signal use.
RSI line change to be Red when higher 70 and change to be Aqua when lower 30
Bullish or Uptrend use Lime color area.
RSI 80-90 is Bullish Resistant Area.
When RSI hit this area, price are hardly to move up more
RSI 40-50 is Bullish Support Area.
When RSI down from Overbought area to this area, to be alert.
If Price flip up and RSI still in Bullish Support Area, Price have enough momentum to return high.
If Price fall down and RSI break down lower Bullish Support Area, Price change to be down trend.
Bearish or Downtrend use Pink color area.
RSI 15-25 is Bearish Support Area.
When RSI hit this area, price are hardly to move down more.
RSI 55-65 is Bearish Resistant Area.
When RSI go up from Oversold are to this area, to be alert.
If Price flip down and RSI still in Bearish Resistant Area, Price have enough momentum to go more low.
If Price go up and RSI break up higher Bearish Resistant Area, Price change to be uptrend.
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#WaveRiders
RSI 14 , Overbought = 70 , Oversold = 30 as original signal use.
RSI line change to be Red when higher 70 and change to be Aqua when lower 30
Bullish or Uptrend use Lime color area.
RSI 80-90 is Bullish Resistant Area.
When RSI hit this area, price are hardly to move up more
RSI 40-50 is Bullish Support Area.
When RSI down from Overbought area to this area, to be alert.
If Price flip up and RSI still in Bullish Support Area, Price have enough momentum to return high.
If Price fall down and RSI break down lower Bullish Support Area, Price change to be down trend.
Bearish or Downtrend use Pink color area.
RSI 15-25 is Bearish Support Area.
When RSI hit this area, price are hardly to move down more.
RSI 55-65 is Bearish Resistant Area.
When RSI go up from Oversold are to this area, to be alert.
If Price flip down and RSI still in Bearish Resistant Area, Price have enough momentum to go more low.
If Price go up and RSI break up higher Bearish Resistant Area, Price change to be uptrend.
..
#WaveRiders