During the last downtrend (Jan- May 20), RSI never surpass above 50 and hence RSI 50 become the resistance.
Similarly, RSI 50 was became the support for the recent bull trend (May 20- current)..
will RSI still continue to support the BULL?
Similarly, RSI 50 was became the support for the recent bull trend (May 20- current)..
will RSI still continue to support the BULL?
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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.