Several altcoins are currently showing extreme RSI readings on the 1-hour chart, presenting interesting opportunities for swing traders monitoring mean reversion setups.
On the overbought side, we're seeing elevated readings in ARC, Zerebro, UAI, and IP, alongside 1000SATS, Ordinals, Alchemix, and 1000RATS. Over on the oversold end, ZAMA, NOT, and OP are flashing potential bounce signals. Meantime, PROM, AKT, Clanker, WOO, AEVO, Cookie, PEOPLE, CHR, and APE round out the watchlist with varied RSI positions.
These technical setups can help traders time entries and exits, but remember to confirm signals with other indicators and volume analysis. Always manage risk accordingly.
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TokenEconomist
· 01-14 01:51
Actually, let me break this down—RSI alone is basically tea leaves at this point, ceteris paribus you need volume confirmation or you're just gambling with extra steps
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OnChainDetective
· 01-14 01:49
nah these rsi extremes always reek of manipulation tbh... watched the transaction patterns on these shitcoins and something doesn't add up
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NFTBlackHole
· 01-14 01:38
The RSI extreme set is back again, will NOT and OP rebound? First, see what the volume says before making a move, don't get trapped...
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MemeKingNFT
· 01-14 01:35
This wave of RSI extremes is back again. The last time I saw this set of arguments was before Luna's crash... so exhausting.
Several altcoins are currently showing extreme RSI readings on the 1-hour chart, presenting interesting opportunities for swing traders monitoring mean reversion setups.
On the overbought side, we're seeing elevated readings in ARC, Zerebro, UAI, and IP, alongside 1000SATS, Ordinals, Alchemix, and 1000RATS. Over on the oversold end, ZAMA, NOT, and OP are flashing potential bounce signals. Meantime, PROM, AKT, Clanker, WOO, AEVO, Cookie, PEOPLE, CHR, and APE round out the watchlist with varied RSI positions.
These technical setups can help traders time entries and exits, but remember to confirm signals with other indicators and volume analysis. Always manage risk accordingly.