Morning chaps, I was looking into some historic divergences occurs on RSI around 30% (+-3%) and have found some very interesting data which shows that the tide has already been changed.
Have a look, zoom out the chart to find the exact occurrence.
Bullish divergence on RSI 30%
1. at RSI 26.195% on 14/08/2016 - price jumps from $564.3 to $1300
2. at RSI 28.970% on 18/03/2017 - price jumps from $898.7 to $19800 ATH
3. at RSI 30.461% on 30/03/2018 - price jumps from $6365.0 to UNKNOWN
Cheers
Have a look, zoom out the chart to find the exact occurrence.
Bullish divergence on RSI 30%
1. at RSI 26.195% on 14/08/2016 - price jumps from $564.3 to $1300
2. at RSI 28.970% on 18/03/2017 - price jumps from $898.7 to $19800 ATH
3. at RSI 30.461% on 30/03/2018 - price jumps from $6365.0 to UNKNOWN
Cheers
Commento:
its a 4HR chart