Is Ethereum's Daily Relative Strength Index (RSI) Hinting the Best Buying Opportunity? - The last time Ethereum's daily RSI went to an oversold level, ETH was valued at $102 in 2020. - Typically, when the RSI is below 30, that is considered oversold, indicating that is a buying opportunity. - If you bought ETH the last time it was oversold, you would have...
During an uptrend, we have this saying - what comes up, must come down. The similar notion can be said during a downtrend, but in an opposite direction - what comes down, must come up. Following this series of downtrend within the Cryptomarket, we can actually maximize the intra-cycle volatility which we see within the smaller timeframes. In this chart, we...
Here's a 2022 update on the Bitcoin logarithmic Growth Curve. - High Deviation (RED regression band) suggests the highest possible point of a market cycle. - Lower Deviation (GREEN regression band) suggests the lowest possible point of a market cycle. - Mid Deviation (YELLOW regression band) suggests the halfway point of the cycle. - Fibonacci Retracement...