i want to share this idea with yall, not recomendind to buy or sell i am not opening a position i am just want to show my idea. see when the RSI closes below 70 on the daily. back from oversold territory it usually continues the downtrend 80% of the time i have noticed, this is something i just discovered a few month ago. on every coin when the rsi closes back below the 70 mark it usually keep going down, its not 100% accuracy but uts somethiing i wanted to share :D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.