reppac

Pure RSI, bit of a punt

Long
reppac Updated   
BITFINEX:BTCUSD   Bitcoin
focusing purely on RSI, BTC' has been working along some channels nicely. The latest bullish channel has been severely broken downward and somewhat expectantly. I thus expect a sudden, rapid and large leg up, although its so tenuous, I'll just be watching and learning.

The green channel is for 15 minute interval, also broken. Expect the turn probably to occur on hitting oversold in 15 min, which is happening as I write. Can't get camera to work, so no additional image - sorry about that.
Comment:
camera operational

15 min interval, and oversold starting to reverse.
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.