I'm not much of a fan for a short idea, but I definitely see your points. I don't think the price will pump either drastically, I would be more than happy to just know the price can move sideways and remain stable and healthy but we know no one likes that. We need to see a drastic dip to even consider a pump for a long. With the RSI, I think is too far fetched to invert it, and think that looks like a short. I would never short an overbought RSI because is precisely showing you the strength of the price move. And on top you're taking the 4h RSI in consideration, that to me deserves your own quote "short-sighted my young grasshopper."
You are viewing a single comment's thread from: