mikafur

mikafur

Hello people of Tradingview! So, every time the Stoch RSI has reached the 100 oversold point on the daily, COINBASE:ETHUSD swiftly began a declination, varying from 20%-60%, averaging around 45%. COINBASE:ETHUSD has reached the 100 mark on the sRSI and sustained it for the past six days. Most likely, COINBASE:ETHUSD will continue to rise for the next few...

mikafur Updated 

So as you can see, every time the Stoch RSI has reached the 100 oversold point on the daily, ETH swiftly began a declination. Although ETH did not reach the 100 it still was rejected on the 80, a key technical point, the oversold line, so I still firmly believe that this could lead to a breakdown from where it has lied for the past week or so. Also, instead of...