Night Owl Bulletin: $HAEDAL daily RSI is 81.7, in overbought territory.
RSI at 81.7—my blood pressure is rising too.
A quick serious explainer: traditionally, an RSI above 70 is considered overbought, while below 30 is considered oversold; some traders use 80 / 20 as stricter thresholds.
Unusual readings often come with greater volatility. This is when you should reduce your position size, not add to it.
#HAEDAL
DYOR, and participate responsibly.
RSI at 81.7—my blood pressure is rising too.
A quick serious explainer: traditionally, an RSI above 70 is considered overbought, while below 30 is considered oversold; some traders use 80 / 20 as stricter thresholds.
Unusual readings often come with greater volatility. This is when you should reduce your position size, not add to it.
#HAEDAL
DYOR, and participate responsibly.
