🔔 The daily RSI for $JCT has surged to 75.4🔥
Don’t get carried away just yet—let’s understand RSI first👇
In formula terms, RS = average gain ÷ average loss, and RSI = 100 − 100 ÷ (1 + RS). The averages use Wilder smoothing, not a simple arithmetic mean.
Comparing several data points is more reliable than looking at just one, but even more indicators can’t provide a definitive conclusion.
#JCT
Personal sharing only; this is not specific buying or selling advice.
Don’t get carried away just yet—let’s understand RSI first👇
In formula terms, RS = average gain ÷ average loss, and RSI = 100 − 100 ÷ (1 + RS). The averages use Wilder smoothing, not a simple arithmetic mean.
Comparing several data points is more reliable than looking at just one, but even more indicators can’t provide a definitive conclusion.
#JCT
Personal sharing only; this is not specific buying or selling advice.