This is a nice indicator. Doesn't guarentee a sustained rally but it's a very promising sign. Yellow trendlines on the stochastic RSI moving up against the pricepoint.
in that situation, you actually want the trend lines to move less dramatically than the price point. What you have here, indicates that: as Bitcoin is trending down,it is becoming more oversold. Think about that. You want it to become less oversold as it trends down, just as you would like to see it be undersold, as it trends up. When that RSI reaches the 80, as bitcoin is trending down, what do you suppose will happen?