RSI approach to mid range indicates direction of price
when RSI approaches mid range from below it will be a buy signal. Keep in mind it has to come in after a formal 2.
For the formation of a "2" the RSI needs to break below the highlighted range and then recover fully to the middle range approaching middle of the zone from below.
Look like shorting until clear upswing is sensible based on market bear sentiment on ETH which POLY has co-varied with.
Depending on how fast we get there looks like .00015 area may be a good turning point
For the formation of a "2" the RSI needs to break below the highlighted range and then recover fully to the middle range approaching middle of the zone from below.
Look like shorting until clear upswing is sensible based on market bear sentiment on ETH which POLY has co-varied with.
Depending on how fast we get there looks like .00015 area may be a good turning point
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