BTC is holding everyone back.
Once the Stoch RSI gets moving towards the other side, there is no guarantee it makes it. But follow the consistency across the top cryptos.
We are close.
XMRUSD
LTCUSD
predictably leading the pack
ETHUSD
The weakest for sure...
XEMUSD
ZEC, BCH excluded because they have short histories that don't apply well for weekly studies.
ALmost everyone has bottomed out the SToch RSI and most are turning up to prepare rushing towards the other side. And by rush i means many weeks of moving into bullish zone.
Cheers!
Once the Stoch RSI gets moving towards the other side, there is no guarantee it makes it. But follow the consistency across the top cryptos.
We are close.
XMRUSD
LTCUSD
predictably leading the pack
ETHUSD
The weakest for sure...
XEMUSD
ZEC, BCH excluded because they have short histories that don't apply well for weekly studies.
ALmost everyone has bottomed out the SToch RSI and most are turning up to prepare rushing towards the other side. And by rush i means many weeks of moving into bullish zone.
Cheers!
Comment:
Also, "close" on weekly time frame can still be weeks. Could be awhile.
No, it didn't lead to ATH every time, but it does almost guarantee significant upward movement.