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Wallstmessiah
Oct 20, 2017 8:50 PM

long eethbtc Long

Ethereum / BitcoinBitstamp

Description

can be early entry

ideal would be 48

but too oversold on all time frame

ri divergence

56-58-62-65-70
Comments
scousertommy
thank you for your previous answer regarding the rsi
scousertommy
do you think that alt/btc market will expand and have a bullish run straight after btc fork ? what is your opinion please ?
Wallstmessiah
@scousertommy, well it may its in falling wedge but a bounce is in due for sure
scousertommy
what does oversold on all time frame mean please ? can you be so kind to simplify it , i have just started a course in technical analysis and i did not come across it yet , i have just started though. thanks a lot.
Wallstmessiah
@scousertommy, sure there is an indicator called rsi

when it below 30 its oversold but i consider below 21 as ovrsold

and above 85 as overbought
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