Looking at the previous bull run we can see that RSI must move above 60 and stay above 60.
Bear market starts when RSI moves under 60 on the daily chart.
Current situation: Look for the daily RSI to move above 60. If RSI touches 60 and bounces back dont go long.
Bear market starts when RSI moves under 60 on the daily chart.
Current situation: Look for the daily RSI to move above 60. If RSI touches 60 and bounces back dont go long.
