Where is the chip flow going? The clues are here:
$BTW 4 hourly RSI 24.9, oversold.
When the indicator falls this low, it means selling has been very aggressive lately. At this time, watching whether large funds are absorbing at lower levels is more useful than focusing only on the indicator.
Which signal would you trust?
$BTW 4 hourly RSI 24.9, oversold.
When the indicator falls this low, it means selling has been very aggressive lately. At this time, watching whether large funds are absorbing at lower levels is more useful than focusing only on the indicator.
Which signal would you trust?