So weird... anyone else seeing this?
Weird Chart Issues
6 replies 367 views
Yeah, definitely odd. Might just be a visual glitch or something.
What platform are you on? Also, what coin are we talking about? When did the crash happen? Gonna check it out on TradingView if it's listed.
Sounds like you're dealing with some wild price action.
If the RSI is crashing to zero, it’s probably a volatile coin experiencing a pump and dump. Check if it’s newly listed. New coins often don’t have enough volume to be stable, so watch your back. Don’t end up holding the bag.
Checked it out... didn't get the 10-min frame, but I saw some strange stuff. The price is all over the place, sharp spikes and drops.
Newly listed coins can be a nightmare for technical analysis, especially perpetual contracts. No historical data makes it risky.
Be careful out there.
What are you using to analyze? That screenshot looks like it’s straight from an exchange.
If it's from the exchange, probably a bug. I’d recommend switching to TradingView; I’ve had no issues with RSI there. If the default RSI is acting up, consider alternatives like ‘RSI tops and bottoms.’ It’s a decent substitute.
real_protoNewbie
Posts: 200 · Reputation: 14
#6Jun 17, 2021, 01:31 AM
Would be great to know the exchange name. That way we can all be cautious.
This is just messed up. In my two decades of trading, I've never seen anything like that. If it's the platform’s fault, even the Stochastic Oscillator doesn’t behave like that. My advice: ditch that platform. It's probably rigged or has bugs.
chris_maxiNewbie
Posts: 219 · Reputation: 36
#7Jun 17, 2021, 01:57 AM
Yeah, could be lots of stuff going on, but most likely just a bug.
I've seen TradingView charts act weird too, like totally deformed. Sometimes prices just drop to zero, although that’s rare.
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