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Rsi_indicator

Bitcoin in DANGER ZONEBitcoin( INDEX:BTCUSD ) Weekly RSI in Saturated Range = Corrective Trend - In the history of Bitcoin, whenever the RSI indicator has reached the saturation zone (especially the range of 80-99) in the weekly time frame, the trend of at least 1 week and at most 300 days will enter the corrective or sideways phase (shown by blue vertical lines). This situation also exists in the chart of altcoins, for example Solana's chart( COINBASE:SOLUSD ) and Ethereum( BITSTAMP:ETHUSD ) - The closest state to now is 6/13/2016, when Bitcoin enters the weekly RSI saturation range 28 days before HALVING, and corrects up to 29%. This 29% correction is 50,000 according to the current price, which is based on monthly liquidity(Price moves towards liquidity). Binance BTC/USDT Liquidation Heatmap: www.coinglass.com - According to the wave count, waves 1 and 2 have been formed and wave 3 is forming, and the price is now in the Fibonacci range of 2.618, which is an important range. Wave 4 is formed when the price corrects. -Therefore, it is likely that wave 4 will form soon and a decline will occur
INDEX:BTCUSDShort
by trade-wings
RSI indicator Hi RSI indicator needs some improvement. such as: 1- add on it auto-selection of bottoms and tops, right you add some improvements to it, it will be easy to give you where are bottoms and where are tops, 2- also gives you if this trend is positive or negative. on the chart or on the indicator. 3- it gives you a signal if it's up or down. rather you select them manually in this case, the divergence will show you if it is positive or negative. we have to jump from manually to automatically indicators.
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by abdjo
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