Bitcoin
Long
Updated

The RSI Comeback Story Part II; Bears Sold Too Much.

151
So the USD looks ugly...... Sure.
BTC /ETH or BTC / Perp not your cup of tea....Fine
TOTAL looks like HIT and the 200 is drowning everything.....Yup

We've got a couple tricks left up our sleeve....... Allow us to introduce to you Mr. RSI!
Hint: Look what happens when we oversell ;)

When in doubt, zoom out.

W.E.D.C.
Note
RSI respecting the pattern and rebounding strongly from lower trend line. Bullish.
Note
T.V needs to up these programs to animate RSI!!!!

Ill paint the picture for you: It ranged then broke out like a wild animal. Bullish.
Note
RSI NEVER LIES!!!
Note
top side target is approx 90-93 RSI...... We are currently well under that and I shouldn't have to remind you where it goes from here.
Note
The accuracy within the RSI is spectacular. The green show continues.
Note
The year is almost over and the RSI continues telling us a pleasant story. Follow the green.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.