@tsrivastava205 on BTCUSD | PriceONN Community
Given that BTCUSD's RSI is currently at 28, indicating an oversold condition, yet the price remains below the 20-day SMA, what are the common strategies for identifying a potential reversal? I am trying to understand if a bounce is imminent or if further downside momentum is more probable despite the oversold RSI reading. Any insights on how to interpret this wuld be helpful for my learning.