In this analysis I want to discuss a way to time the market. Or more precise: to time the next ETH market bottom.
We don't have a lot of trading data to look at, but we have 2 instances where this strategy has worked. The strategy is simple: buy Ethereum once the weekly RSI is below 30 and enjoy the ride.
Every single time that ETH has reached oversold, this was the bear-market bottom for the cycle and ETH pumped.
Make your life easier and put an alert on your chart. Might take a few years for the alert to hit, but at least you're going to be prepared.
Next time you will actually buy the bottom instead of selling it with this simple trick.
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