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- Last Update: 23 September 2020, 19:27
Buying the big dips....
There have been 4 months in the past 3 years when the RSI(2) would have been below 10 at some point in the month. Buy during these periods. High RSI levels above the red line have been excellent times to take profits, as lower prices are almost always coming. Consider selling out during these extreme levels to buy again in a few months at lower prices.
Same thing here as with FNGU. There have been 4 months in the past 36 when buying would have delivered incredible returns. Waiting for an RSI level below 10 is worth it. Sell above the red line to buy again at lower prices in 2-3 months when the RSI is back below 10.
Significant lows(below the horizontal black line) are marked by the bottom of the Heikin Ashi candlesticks.
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