In this case, the stochastic
oscillator indicated that price was making a cycle low and was near the oversold level (20).
My own proprietary
oscillator indicates that we are very close to a short - term bounce point.
This momentum
oscillator indicates the level to which a security is overbought (high values) or oversold (low values).
RSI has more room to tumble so the correction could stay in play for a while until
both oscillators indicate oversold conditions and turn back up.
Not exact matches
The S&P 500's proprietary
oscillator, a measure that tracks how overbought the index is, just crossed 5, a high level that often
indicates that a correction is imminent.
The
oscillator has yet to turn down to
indicate that sellers are gaining control of bitcoin price action, and are ready to push it back down towards support.
The timing of interglacials
indicates that the system is a periodically forced nonlinear
oscillator, with the dominant forcing being obliquity.
Ocean Heat Content data and satellite - era sea surface temperature data also
indicate the oceans warmed naturally, but you have to understand that ENSO works as a recharge - discharge
oscillator (with La Niña as the recharge mode and El Niño as the discharge mode) to see Mother Nature's handiwork.
However, the
oscillator is also nearing oversold conditions to
indicate that bearish pressure is weakening.
The
oscillator has yet to turn down to
indicate that sellers are gaining control of bitcoin price action, and are ready to push it back down towards support.
Looking at the 4 - hour window shows RSI Stochastic
oscillators also
indicate some bearish short - term sentiment.