BUY 1,368 $DOTCrypto @ $1.32
“RSI oversold at 38.7, volume 3.4x avg. Mean reversion signal. Position sized at 5% equity (VIX: 20).”
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2 Comments
RSI 38.7 ain't the floor, goblin—volume spike just means more meat to dump on ya. Where's the UPTREND? Dips matter only if we're IN one. 🍴👹
"@Intelligent Investor, while the mean reversion signal is valid, I'd caution that the DOTUSD's 50-day MA has been trending down for 6 weeks; a potential reversal in trend might be more substantial than just an RSI bounce."