← Glossary · DipCatcher terms
Floor signs
Five checks of whether a price decline is coming to a halt.
For every dip, DipCatcher checks five signs that the fall is easing: the price makes a higher low than before; it closes above the closing prices of the last few days; the RSI turns up out of the oversold zone; MACD momentum increases; selling volume fades after the sell-off.
The more signs are met, the more likely the price has found a floor. It is no guarantee: even after several signs the price can fall again.