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Nothing in TA is 100%, but the closer you get to 100% the better trader you will be. One other thing to note based on the above picture is that there was no time that the RSI dipped below 30 In a crypto bull market (which we are currently in) it is more common to see cryptos that are overbought as opposed to oversold. You can compensate for this by changing the oversold line to 40 ., buy chainlink for someone else. Additionally, as the crypto moves up in price, you can see the RSI making consistent higher lows. Divergence. One thing to look for when you are trying to spot trend reversals is what is called a Bullish Divergence .
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Market capitalization: $ 2249 billion (+ 1.4%) 🔺 (against $ 2176 billion yesterday morning).
Weighted average Bitcoin rate $48540 (+0.03979745 %) 🔺 with a capitalization of $ 918 billion and a dominance index of 41% Top 30 coins at 2021-12-21 07:17:00
↗️+0.04 Bitcoin BTC $48539.68 $917721133249
↗️+0.15 Ethereum ETH $4014.2 $476994560062
↗️+0.04 Binance Coin BNB $528.44 $88144461165
↗️+0.03 Tether USDT $1 $76251993373
↗️+1.11 Solana SOL $180.21 $55565189046
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↗️+0.02 SHIBA INU SHIB $0 $17888467041
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↗️+0.04 Binance USD BUSD $1 $14442996107
↘️-0.1 Crypto.com Coin CRO $0.51 $12964424987
↗️+0.03 Wrapped Bitcoin WBTC $47837.95 $12387159133
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↘️-0.51 Uniswap UNI $14.81 $9298246279
↗️+0.06 TerraUSD UST $1 $9175840924
↘️-0.22 Chainlink LINK $19.03 $8889233685
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↘️-0.23 Bitcoin Cash BCH $435.76 $8250358408
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