Two signals. $BTW daily RSI is overbought at 80. $LAB daily RSI is extremely oversold at 15.4.
$BTW daily RSI 80. Overbought. Current price 0.420. The last 24h is up 17.7%.
Support 0.383 0.363. Resistance 0.425 0.440.
Fee +0.048%. The bulls are still pushing. But a daily RSI of 80 isn’t a small thing.
Current price 0.420. Slightly bearish. Wait to short in the 0.400–0.420 range. Stop loss if it breaks above 0.445. Targets 0.383, then 0.363. Risk-reward starts at 1.5.
When daily RSI reaches 80, after a few days of bullish pushing, momentum usually gets close to exhausted. After a sharp rise, it’s often sideways consolidation or a pullback. I won’t chase longs.
$LAB daily RSI 15.4. Extremely oversold. Current price 0.0787. The last 24h is down 5.3%.
Support 0.0756 0.0735. Resistance 0.0828 0.0885.
Fee +0.005%, nearly neutral. No one is bottom-fishing, and no one is adding shorts. The price is grinding sideways near the bottom.
Current price 0.0787. Slightly bullish. Go long in the 0.077–0.079 zone. Stop loss if it breaks below 0.075. Target 0.0828, then 0.0885. Risk-reward is close to 1:2.
When daily RSI drops below 15, I’ve seen this kind of level near the end of a bear market. It doesn’t necessarily reverse immediately, but downside room is limited, and the risk-reward favors me.
Both are at extreme levels. BTW, I don’t chase longs; LAB doesn’t require an urgent bottom-fishing. I’m watching.
#BTW #LAB #超买超卖 #RSI signal
$BTW daily RSI 80. Overbought. Current price 0.420. The last 24h is up 17.7%.
Support 0.383 0.363. Resistance 0.425 0.440.
Fee +0.048%. The bulls are still pushing. But a daily RSI of 80 isn’t a small thing.
Current price 0.420. Slightly bearish. Wait to short in the 0.400–0.420 range. Stop loss if it breaks above 0.445. Targets 0.383, then 0.363. Risk-reward starts at 1.5.
When daily RSI reaches 80, after a few days of bullish pushing, momentum usually gets close to exhausted. After a sharp rise, it’s often sideways consolidation or a pullback. I won’t chase longs.
$LAB daily RSI 15.4. Extremely oversold. Current price 0.0787. The last 24h is down 5.3%.
Support 0.0756 0.0735. Resistance 0.0828 0.0885.
Fee +0.005%, nearly neutral. No one is bottom-fishing, and no one is adding shorts. The price is grinding sideways near the bottom.
Current price 0.0787. Slightly bullish. Go long in the 0.077–0.079 zone. Stop loss if it breaks below 0.075. Target 0.0828, then 0.0885. Risk-reward is close to 1:2.
When daily RSI drops below 15, I’ve seen this kind of level near the end of a bear market. It doesn’t necessarily reverse immediately, but downside room is limited, and the risk-reward favors me.
Both are at extreme levels. BTW, I don’t chase longs; LAB doesn’t require an urgent bottom-fishing. I’m watching.
#BTW #LAB #超买超卖 #RSI signal