$TPAC RSI is looking nice and cool here in the .0
Post# of 22940
Posted On: 01/13/2016 3:18:46 PM
$TPAC RSI is looking nice and cool here in the .003's. The last time we were around RSI50 on the daily chart, we were sitting around .001. The fact that we are sitting at three times that pps with the same RSI number is very significant. We recently peaked out at .0069 with the RSI overheated. Let's factor the overbought RSI the same as the RSI50 and we have a new projected top at .0207(.0069*3= .0207).
We need to close above the pivot at .0032(minimum) today. If we can close above .004 by pushing this up into the close, that's even better. We also need a bullish candle tomorrow to confirm the next leg of the uptrend. Spread the word, slap the ask, and don't let the shorts take back over EOD. They may be trying to set one last trap, waiting until buying seems to stall, signalling to them the bulls are running low on funds, at which point they may begin to short. If we see that happening, let's bring the buying pressure back their way and make them chase to cover.
We need to close above the pivot at .0032(minimum) today. If we can close above .004 by pushing this up into the close, that's even better. We also need a bullish candle tomorrow to confirm the next leg of the uptrend. Spread the word, slap the ask, and don't let the shorts take back over EOD. They may be trying to set one last trap, waiting until buying seems to stall, signalling to them the bulls are running low on funds, at which point they may begin to short. If we see that happening, let's bring the buying pressure back their way and make them chase to cover.
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