To identify bottoms using platform indicators

1. Relative Strength Index (RSI):

A bottom is determined when the RSI drops below 30, indicating an oversold condition and a possible price rebound.

2. Bollinger Bands:

A bottom often occurs when the price approaches or breaks the lower limit (DN), usually accompanied by an upward bounce.

3. Moving Averages (MA):

If the price touches or approaches a long-term moving average (such as MA10 or MA20), this indicates strong support and a possible bottom.

4. MACD:

A positive crossover between the MACD line and the signal line, especially at low levels, indicates a possible bottom.

5. Volume:

If volume increases significantly as the price falls to a support level, this reinforces the possibility of a bottom.

6. Williams Indicator (Wm %R):

When the indicator drops below -80, it indicates an oversold condition and a potential bottom.

Conclusion:

Check for indicators to converge at the same point:

RSI below 30

Price at the lower Bollinger Band

High volume at strong support.

Use these signals together to accurately identify the bottom.