Ethereum Weekly RSI Analysis
Ethereum / U.S. dollar BITSTAMP:ETHUSD
Welcome everyone,
In this chart, you can see two labels:
1. RSI Cross Down
2. RSI Cross UP
When RSI crosses RSI’s SMA and RSI < 40 , it’s Cross UP.
And When RSI crosses RSI’s SMA and RSI > 60, it’s Cross Down.
In the chart, you can see how the similar pattern has been formed on Ethereum Weekly.
If this is the case again, you can see a drop down from (E) pretty soon.
Let me know what you think about this idea.
Thanks for visiting 😉
