RSI user here. Big buy signal right now on LINK

RSI user here. Big buy signal right now on LINK.

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Based

checked

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Look at the dates the RSI is at its current levels. All those dates line up with the perfect buying opportunity. Buying link right now is free money

We're going to $4.

What happens when we break support?

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it's unbreakable

why dont eveyrone just trade with rsi
its literally the best indicator

shhh

Time to start the long?

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>rsi above 50
>buy signal
huge yikes

Uh-oh OP!!!!!!!!!!!!!!!

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none of the dumps are as forceful and consistent as this one, this one will leave a mark for a couple of months ($2-3)

You dont think the stock market and the upcoming us election will fuck with it?

Wouldn't breaking through the RSI downward be a good thing? Doesn't that mean it is oversold as the RSI goes lower?

t. Not a TAfag

yes

chainlink will rise in sats

>Buying link right now is free money

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no

maybe

theoretically RSI can bottom forever if something just shits itself continually, as has happened with thousands of cryptos already.

i don't know

RSI almost at 30 on the daily chart. The last time it got that low was during the flash crash in March and LINK was under $2.

For those who short it for sure.

Thanks, guys, I feel much more knowledgeable now

It’s really the only non meme indicator there is

RSI on the one day USD pair i think is better indicator of when to buy. We still need to get at or below 30 on that for best buying opportunity. after that we wont see RSI that low for a long time, may crab at that price level for a while until entire market picks back up though, but 2021 is going to melt your face. We're almost at the bottom.

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That’s on the weekly. On the 1D it’s at 30 and on 1H it’s at 20.

lost 100k why cant i feel anything
ta is shit

>theoretically
Pic related

What is the usd price at the bottom of that line?

MY LINKIES STAY STINKIES 1K EOY

somewhere between 7 and 8 probably is rock bottom

Thanks closed my short!

If you base your analysis mostly on RSI i suggest adding chalkin money flow to it. You want an indicator on board that independent of price fluctuations. Pro tip, if rsi goes over 50 and cmf goes over 0, it is time for a short squeeze. works on all higher an intermediate time frames

why, oh why, is it when literally any shitcoin starts to do the classic fall from retard ATH that these random copetards start saying the exact same shit? have none of you learned from 2017/2018 at all?

Thanks user just added this to my tradingview will check it out. What’s the tldr on how to use this?