Observations
My guess is that if 50 if RSI dips below 50%, price will drop as significantly. _If_ price action keeps RSI > 50, then the continuation patter would likely play out.
- A triangle continuation pattern seems to have formed over the last few years
- RSI 50 (1M) seem to be acting as resistance
My guess is that if 50 if RSI dips below 50%, price will drop as significantly. _If_ price action keeps RSI > 50, then the continuation patter would likely play out.