I've recently found that 4H RSI forms a nice reversal signal when the market's in a bearish movement.
The RSI resistance line is as seen on as a purple horizontal line with the main areas of reversal denoted with a purple arrow.
This combined with the "CM_Williams_Vix_Fix Finds Market Bottoms" indicator (Which claims to find bottoms across various asset classes, coincides nicely(turns green) whenever we're primed for a reversal in $ETCBTC) proved to be an accurate combination for finding market bottoms.
You can find out more about the indicator here(click it):
$ETCBTC has retraced 0.382 on the fib levels, and should this level hold, we should see a nice bump upwards in the short term for $ETCBTC, this is the LIKELY movement at this point in time.
In the event this is accompanied by an appreciating $BTCUSD price, we should see $ETCUSD do a spectacular rise.
The RSI resistance line is as seen on as a purple horizontal line with the main areas of reversal denoted with a purple arrow.
This combined with the "CM_Williams_Vix_Fix Finds Market Bottoms" indicator (Which claims to find bottoms across various asset classes, coincides nicely(turns green) whenever we're primed for a reversal in $ETCBTC) proved to be an accurate combination for finding market bottoms.
You can find out more about the indicator here(click it):
$ETCBTC has retraced 0.382 on the fib levels, and should this level hold, we should see a nice bump upwards in the short term for $ETCBTC, this is the LIKELY movement at this point in time.
In the event this is accompanied by an appreciating $BTCUSD price, we should see $ETCUSD do a spectacular rise.