This RSI Bollinger Band % cycle stage chart has a very high accuracy rate!
At present, the RSI BB% at the bottom of the chart has shown that it has reached the critical low level of RSI BB% at the bottom of each cycle, similar to the black swan event in 2020.
The chart is divided into several stages:
1. Super buying stage.
2. Early recovery stage of bull market
3. Bull market false top
4. New high effective breakthrough stage
5. Second early Top3
6. Real bull market top area
Look at the chart (green arrow) There are still 2 stages, and it is the stage where the price is the most rapid.
So, from this indicator, we are at the bottom.
