Markets › Optimism › RSI overbought drop
Crypto · indicator signal
RSI overbought drop on Optimism
On Optimism the rsi overbought drop showed up 637 times. The target came first 33% of the time, the stop 59%, and 8% went nowhere within 12 candles.
Counted on Optimism (OP/USDT): daily candles from June 2022, 4-hour candles from June 2022 and hourly candles from June 2022.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 16 | 44% | 56% | 0% |
| 4-hour | 134 | 35% | 59% | 6% |
| Hourly | 487 | 33% | 59% | 9% |
Optimism against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Optimism | 637 | 33% | 59% | 8% |
| All Crypto charts | 23,321 | 34% | 57% | 9% |
| Every market | 36,014 | 34% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 79 | 30% | 62% |
| 2023 | 168 | 34% | 58% |
| 2024 | 134 | 31% | 58% |
| 2025 | 137 | 38% | 58% |
| 2026 | 119 | 33% | 58% |
The last 8 times
- 10 Oct 2026, 07:00 UTC · hourly · went nowhere
- 26 Sep 2026 · daily · target first after 6 candles
- 25 Sep 2026, 21:00 UTC · hourly · stop first after 1 candle
- 25 Sep 2026, 13:00 UTC · hourly · target first after 1 candle
- 24 Sep 2026, 17:00 UTC · hourly · went nowhere
- 23 Sep 2026, 08:00 UTC · 4-hour · target first after 1 candle
- 23 Sep 2026, 07:00 UTC · hourly · target first after 6 candles
- 23 Sep 2026, 04:00 UTC · hourly · stop first after 2 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the rsi overbought drop is
RSI rose above 70, then fell back below it. Buying may be tiring.
Run up a hill as fast as you can and soon you need a breather. RSI is a gauge from 0 to 100 that shows how hard price has been pushed lately. Above 70 means price was pushed up very hard, and dropping back below 70 hints the buyers may be tiring.
The full rsi overbought drop lesson, video and quiz ›
Other patterns on Optimism
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Volume profile bounce · Volume profile rejection · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · all of them
The rsi overbought drop elsewhere
Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the rsi overbought drop work on Optimism?
In 637 cases on Optimism, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 59%; 8% went nowhere within 12 candles.
What is the rsi overbought drop?
RSI rose above 70, then fell back below it. Buying may be tiring.