PersianAnger

Bitcoin Historical Corrections

BITSTAMP:BTCUSD   Bitcoin
Check out this 3-Day chart:
Here are some facts:

Fact #1: whenever RSI goes above 82, we saw a massive correction. (Correction is imminent when RSI is at 91-92)

Fact #2: Last cycle, we had 5 incident with RSI higher than 82. The 5th one was ATH.

Fact #3: During last cycle, the 3rd RSI spike matched the price to its ATH (2nd previous ATH).

Fact #4: Interestingly, again the 3rd RSI spike since last ATH brought the price (almost) up to the previous ATH. #goosebumps

Fact #5: A 3-day chart gives you a different perspective.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.