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SebastienYC_FR
8 aug 2018 21:48

Bitcoin RSI says "long term bear market" Kort

BITFINEX:BTCUSD
Bitcoin / DollarBitfinex

Beskrivning

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During a bullmarket, weekly RSI was over 50.
During bearmarket it was below 50. And it is below 50 right now.
It is as simple as that !
Dont buy Bitcoin as long as RSI is below 50.
Trend AnalysisTechnical IndicatorsBitcoin (Cryptocurrency)BTCUSDCryptocurrency
Kommentarer
SebastianofMoon
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Excellent observation! Simple and elegant, it doesn't need to be more complicated than that :)
markrivest
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Bravo! You made something supposedly complex and communicated the probable course of this market with just one indicator. Well done.

Mark
Mer