the Relative Strength Index

in #crypto8 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



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

Nice information, What about NEO these days...

Right now, it is oversold on Binance

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

slightly bullish finally good to see the market today

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

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

nice information and great analysis
thanks

good one post

It actually changes a lot of time.

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