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RE: Bitcoin and EOS Technical Analysis: LOOKING FOR BOTTOM
Waiting for an oversold condition on the RSI and a cross of the 100 through the 200 week MA.
Waiting for an oversold condition on the RSI and a cross of the 100 through the 200 week MA.
Oversold weekly RSI?
RSI, a technical indicator, reaching 30 or lower on the weekly chart indicates for bitcoin being in a long term "oversold" condition.
I talk more about it in my article here
https://steemit.com/bitcoin/@cryptomeeks/j1cajwap