Technical Setup Alert: RSI Extremes Across Multiple Altcoins on 1H Chart
The 1-hour timeframe is flashing some interesting signals right now. Several altcoins are hitting overbought or oversold territory on RSI, which typically signals potential pullbacks or reversals in the near term.
Monitoring these pairs:
Overbought zone candidates include $PIEVERSE, $OG, $RIVER, $BEAT, $1000PEPE, $CLANKER, $1000000MOG, $SAPIEN, $BRETT, and $VVV. When RSI climbs above 70, traders often watch for profit-taking or consolidation phases.
Meanwhile, $FARTCOIN, $PENGU, $TURBO, $XPL, $BULLA, $USELESS, $1000BONK, $IOTA, $LAB, and $VIRTUAL are showing oversold conditions (RSI below 30). These setups can sometimes present bounce opportunities, though confirmation matters more than the indicator alone.
Key reminder: RSI is just one piece of the puzzle. Volume, support/resistance levels, and overall market structure should factor into your trading decisions. Use this as a starting point for deeper analysis, not a standalone signal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
7
Repost
Share
Comment
0/400
AltcoinTherapist
· 01-02 22:52
The RSI extreme values are back again. I'm tired of this routine. Let's just look at the trading volume instead.
View OriginalReply0
HashRateHustler
· 01-02 22:51
RSI is playing tricks again, this time it seems like a real rebound is coming, right?
---
Do we still need to watch $FARTCOIN? I think it's better to forget it.
---
Overbought remains overbought; in the end, it still depends on trading volume.
---
These coin names are more and more incredible; are they really profitable, friends?
---
$PENGU and $TURBO have both fallen below 30; it feels like a good time to buy the dip.
---
It's the RSI indicator again; I've seen through this technical aspect long ago.
---
$BRETT has surged to 70? Trend followers should be cautious.
---
Buy when oversold? It's not that simple; look at the volume before the rebound.
---
Is anyone playing with $VVV in this list? Looking for insider info.
---
No support levels mentioned, only RSI discussed; I feel like something's missing.
View OriginalReply0
ShamedApeSeller
· 01-02 22:46
RSI really shouldn't be looked at alone. Every time I trust it, I get trapped... Is this time another roller coaster?
View OriginalReply0
SilentObserver
· 01-02 22:45
The RSI overbought and oversold signals have happened more than once, but the key still depends on the trading volume.
View OriginalReply0
fren.eth
· 01-02 22:35
RSI is going crazy again. What kind of coins are these... But on the other hand, is overbought and oversold just based on this indicator to gamble? Or forget it.
View OriginalReply0
MevHunter
· 01-02 22:26
RSI is playing tricks again, this time with these coins, but honestly, who really believes this thing can accurately catch the bottom?
View OriginalReply0
CryptoWageSlave
· 01-02 22:23
The RSI extreme values are back again. Every time, people say you shouldn't rely solely on indicators, but some still go all-in and end up losing everything. It's hilarious.
Technical Setup Alert: RSI Extremes Across Multiple Altcoins on 1H Chart
The 1-hour timeframe is flashing some interesting signals right now. Several altcoins are hitting overbought or oversold territory on RSI, which typically signals potential pullbacks or reversals in the near term.
Monitoring these pairs:
Overbought zone candidates include $PIEVERSE, $OG, $RIVER, $BEAT, $1000PEPE, $CLANKER, $1000000MOG, $SAPIEN, $BRETT, and $VVV. When RSI climbs above 70, traders often watch for profit-taking or consolidation phases.
Meanwhile, $FARTCOIN, $PENGU, $TURBO, $XPL, $BULLA, $USELESS, $1000BONK, $IOTA, $LAB, and $VIRTUAL are showing oversold conditions (RSI below 30). These setups can sometimes present bounce opportunities, though confirmation matters more than the indicator alone.
Key reminder: RSI is just one piece of the puzzle. Volume, support/resistance levels, and overall market structure should factor into your trading decisions. Use this as a starting point for deeper analysis, not a standalone signal.