BitcoinLong
Stoch RSI hitting the bottom precedes price increase
During the last week, whenever Stoch RSI has touched 0.2, it has been followed by a price increase of 2%-10% (4.85% on average).
If the history repeats itself, we might see a price increase to 11794 (11248 + 4.85%). Pessimistic case (1.7%) => 11439. Optimistic case (10.4%) => 12417.
If the history repeats itself, we might see a price increase to 11794 (11248 + 4.85%). Pessimistic case (1.7%) => 11439. Optimistic case (10.4%) => 12417.
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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.