Just spotted some interesting price action on the 30-minute charts. Multiple altcoins are hitting overbought or oversold conditions on the RSI indicator—worth keeping an eye on if you're watching intraday swings.
The names flashing signals right now include YALA, MAGMA, KAITO, SENT, COOKIE, 1000CHEEMS, DEEP, PROM, IR, AVNT, GLM, TAG, NTRN, QTUM, COMMON, VINE, LQTY, LUMIA, BOB, and NEO.
When RSI extremes show up on shorter timeframes like this, it usually means either a reversal is brewing or the move might be running out of steam. Could be a decent setup for mean reversion trades if you're into that style. Just make sure you're checking support and resistance levels before making any moves.
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TokenVelocityTrauma
· 01-18 11:21
The RSI extreme values are back again. Every time I think this wave is about to reverse, but I still get cut.
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FortuneTeller42
· 01-17 23:37
So many coins are triggering signals? The chosen ones are about to start their show again, right?
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SandwichDetector
· 01-16 02:56
The RSI extreme set... I stopped believing in it long ago, as rebound traps are common.
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not_your_keys
· 01-16 02:49
RSI extreme value? It's time to bet on a rebound again, haha
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MoneyBurner
· 01-16 02:46
The 30-minute RSI is flashing again. This batch of coins is either about to rebound or crash. I bet DEEP and LUMIA will turn around.
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ser_ngmi
· 01-16 02:45
The RSI extreme values are really prone to being squeezed. I lost quite a bit last time on this kind of signal.
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BlockImposter
· 01-16 02:40
RSI is signaling again. Are there so many coins this time? Seems like you should seriously check the support levels.
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GamefiHarvester
· 01-16 02:38
It's the same RSI signal again... Every time they say a reversal is a reversal, but it often keeps dropping further.
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DogeBachelor
· 01-16 02:33
I'm tired of the argument about RSI extremes; you still have to look at trading volume, brother.
Just spotted some interesting price action on the 30-minute charts. Multiple altcoins are hitting overbought or oversold conditions on the RSI indicator—worth keeping an eye on if you're watching intraday swings.
The names flashing signals right now include YALA, MAGMA, KAITO, SENT, COOKIE, 1000CHEEMS, DEEP, PROM, IR, AVNT, GLM, TAG, NTRN, QTUM, COMMON, VINE, LQTY, LUMIA, BOB, and NEO.
When RSI extremes show up on shorter timeframes like this, it usually means either a reversal is brewing or the move might be running out of steam. Could be a decent setup for mean reversion trades if you're into that style. Just make sure you're checking support and resistance levels before making any moves.