Spotted several altcoins flashing RSI extremes on the 1-hour chart:
Overbought/oversold conditions lighting up across $BDXN, $FHE, $ICP, $METIS, $ZEC, $1000CHEEMS, $XNY, $RUNE, and $ANIME. These technical signals often mark potential reversal zones or consolidation points—worth keeping on your radar if you're swing trading these pairs. The shorter timeframe setup can catch quick moves before the bigger trend plays out.
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DuskSurfer
· 13h ago
Is 1000CHEEMS still around? I see it's about to rebound
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I've heard the RSI extreme value theory too many times; the key is whether the trading volume supports it
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METIS has been interesting these days; short-term it might be worth a shot
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It's the same few coins again... feels like I'm seeing extreme signals every day, getting a bit numb
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$ICP still dare to touch? I got caught last time and haven't been able to get out yet
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The 1-hour chart is too easy to be fooled by false signals; I still trust the 4-hour chart
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ANIME is purely a gamble on popularity, the technical aspect is solid
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Short-term rebound opportunities are indeed there, but given the recent sharp decline, the rebound won't last long
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I'm optimistic about RUNE; it has solid fundamentals, unlike other purely technical plays
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ZEC has always been a volatile coin; RSI extreme values are not really meaningful for it
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MaticHoleFiller
· 13h ago
The RSI extreme values are back again. I’m familiar with this trick. Is the 1h chart really that sensitive and effective?
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$RUNE and $ICP, these two coins, I always feel that their rebounds are just traps...
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Damn it, it’s these few coins again, flashing RSI every day? I think the 4h chart is more reliable.
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Swing trading sounds good, but in reality, more people are cutting losses, haha.
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These coins are all overbought at the same time, I actually don’t believe it anymore.
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How about $METIS? Is anyone bottom-fishing or just continuing to eat the limit-down?
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GasOptimizer
· 13h ago
1-hour RSI extremum? The data speaks for itself. Historically backtested, what is the approximate win rate of this signal... I always feel like short-term cycles are easily crushed by a dump.
Spotted several altcoins flashing RSI extremes on the 1-hour chart:
Overbought/oversold conditions lighting up across $BDXN, $FHE, $ICP, $METIS, $ZEC, $1000CHEEMS, $XNY, $RUNE, and $ANIME. These technical signals often mark potential reversal zones or consolidation points—worth keeping on your radar if you're swing trading these pairs. The shorter timeframe setup can catch quick moves before the bigger trend plays out.