Andoni10

Theory of the great rebound

BITMEX:XBTUSD.P   Bitcoin
Theory of the great rebound

1-Rsi has bounced almost every time in stripes of 31,29,26

2-A current price we are below the 200 line and this is occurring a crossing
of lines 8 and 20, crossing the 8 from top to bottom to the 20, (bearish signal)

3-We have the same level of rsi as when the price was around 7600

4-the rsi right now is in 41 away from the areas where the price bounced when touching those points

Conclusion: we will look for a lower price with lower rsi to be able to look for the great expected rebound

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