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/biz/ - Business & Finance


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>> No.52686842 [View]
File: 92 KB, 793x653, stoch rsi.png [View same] [iqdb] [saucenao] [google]

I find it quite interesting. While we were flat lining on the 30m chart the stoch rsi was gradually rising before reaching 100% and resulting in a huge pump all well before the powell meeting which also pumped btc mind you. The two green line before the big pump also showed an area of major support (as this is an inverted chart) which verified that the pa was having a difficult time going lower thus there may be some merit to using the stoch rsi as a momentum indicator. The momentum was building up before it peaked.

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