RSI BOTTOM (ALMOST) IN! READY FOR A BOUNCE?
The crypto market RSI has continued to fall, sitting at 31 after yesterday's candle close.
Since 1st Jan 2023, the RSI has only reached the level between 31 and 28 5 times.
Every time, it resulted in a considerable relief rally.
Since it looks like we're about to experience another red day, I assume the RSI will fall below 30 today.
Moreover, I stay with my prediction: Bounce on Wednesday.
