IOTUSD fell below oversold level

16 thg 6, 2018

IOTUSD

I don't use RSI, I use the more reliable Money Flow Index or "Smart Money" or MFI, MFI is a price-volume weighted RSI, it simply tells you that smart money is moving in when it is pointing upwards and vice versa. Right now we just wait for MFI to change it's direction and must be confirmed by the Parabolic SAR switch to bullish trend to actually buy back. In the meantime, it's wait and see.

I own my own cryptocurrency tamadcoin.io