Tango RSI high and low indicator for BTC
This script should be used on the weekly BTC chart.
This script uses RSI data and 100 week Moving Average to signal a possible BTC peak and Bottom.
The green zones signal a bottoming for BTC/USD and the red zones signal a peaking in the value of BTC.
The back testing is promising but what must be kept in mind when using this script is that the data available for BTC is minimal so an increased or decrease in popularity of BTC could through of the signal.
Bear in mind when using this signal: the coloured zones only appear on the weekly close
This script uses RSI data and 100 week Moving Average to signal a possible BTC peak and Bottom.
The green zones signal a bottoming for BTC/USD and the red zones signal a peaking in the value of BTC.
The back testing is promising but what must be kept in mind when using this script is that the data available for BTC is minimal so an increased or decrease in popularity of BTC could through of the signal.
Bear in mind when using this signal: the coloured zones only appear on the weekly close