Nostr Web Client

#stoopidlines say: what goes up, must come down.

BTC considered bullish until we drop below the 50 RSI (bottom).

Scenario A: We bounce and continue the upwards trend.

Scenario B: We fall through the RSI to test the 100-day MA (purple) for price support.

Please Login to reply.

Scenario 1: Line goes up

Scenario 2: Line goes down

Correct. And anyone who shares a TA that only considers one direction shouldn't be trading.

To be clear, that's how "signals" are created. If one scenario hits then the direction gets locked in and you can act accordingly.

I just say stoooooopid lines.