ETH USD Stoch RSI Rollover
Apparently I can't comment on post anymore because I don't have 20 reputation points, so posts away. In very simple terms the RSI has been strengthening with the price action, but the Stoch RSI has gone above 80 on the weekly and historically when that happens is a slog down on the indincator and price. This move up over the last few days will die as the weekly cross begins to impact the daily. 85 is target one, but I wouldn't be surprised to see the price start with a 5.
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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.