the Relative Strength Index

in crypto •  7 years ago  (edited)

3-20-2018
Screen Shot 2018-03-20 at 10.04.48 PM.png

In this post, we're just observing Bitcoin RSI, an indicator, at 47.

20 = Oversold
80=Overbought

Formula:

RSI = 100 – [100 / ( 1 + (Average of Upward Price Change / Average of Downward Price Change ) ) ]

We are right in the middle of a short-term bull market right now as the RSI # is in the middle.

A likely return to $11,000?

The tool can be found on the 4th tab from the top; the symbol of one wave.

Screen Shot 2018-03-20 at 10.06.46 PM.png

@kevbot

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7 years ago by

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      ·  7 years ago 

    where do you think neo will hit was holding some and looking at a great exit point ;)

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    [-]
      ·  7 years ago 

    Nice information, What about NEO these days...

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    [-]
      ·  7 years ago (edited)

    Right now, it is oversold on Binance

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      [-]
        ·  last year 

      Nostalgic. In these days NEO is not popular https://9blz.com/rsi-indicator-explained/

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        [-]
          ·  7 years ago 

        slightly bullish finally good to see the market today

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        [-]
          ·  7 years ago 

        My feeling is also sort of in the middle, not sure to buy or sell, so i Hold

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        [-]
          ·  7 years ago 

        you were right bro hope you are doing great in trading today :)

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        [-]
          ·  7 years ago 

        nice information and great analysis
        thanks

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          [-]
            ·  7 years ago 

          good one post

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            [-]
              ·  7 years ago 

            It actually changes a lot of time.

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