Hovering around 61.8 & 50 fib area. Viable buy area 84K-100K. Keep and eye on drawn triangles, both RSI and price itself. Breakdown might indicate ranging/downwards trending market.
Pump&Dump? Keep your eyes on these 3 green lines in the upcoming weeks for a possible buy signal.
Nothing else much to it, watch this line and do your own analysis on lower timeframe.
Okay, so a breakout has occoured. Watch this RSI red line to decide wether it is a good idea to buy/stay in the trade for now. Above red = good Below = not so good
Look to buy when the red RSI line is broken.
Possible bounce from short term RSI outbreak. Red RSI lines represent a wedge, look for an outbreak to confirm bullishness.
According to previous behavior in 2013, I'm expecting a dip. RSI has been +69.1 for 6 weeks now, just like in 2013. Lowest point will be around 750-1300.
Simple line from the last RSI break, resistance -> support? If it holds -> higher prices for DGB.
So on the daily TF, RSI seems to respect support area. Good time to get in at 10K-12K
LTC broke out of the resistance line on the last week of March. It led up to 300% gains. This week has started with a bounce from the same line, will it continue?
So the previous bounce led up to +1000 move within the last 2 weeks. More downside for BTC if RSI line wont hold this time. If RSI holds the marked support area, then expect upward trending or ranging market.
Break the red line. I think something like this will happen.
Love how the red line has had a major role in price action. If daily close is below 590 or below = bad news.
After a nice drop back we're in a zone between two teal lines, that's offered symmetry for almost a month now. Resistances/support bounces and breaks marked on the RSI . Also, the 3 months old upward ascending trendline might offer an area of support.
We had a lovely bounce off of the daily support I had previously marked down on the daily chart here: Now looking to get more bullish, IF red resistance line and violet descending trendline are broken. +2000 incoming.
When GNT breaks this 4H RSI resistance, there is no turning back.