$ICNT ｜Daily RSI(14) 76.8｜Overbought
Before looking at money flows, first understand RSI.
RSI is calculated using closing prices only; it does not take trading volume into account or reflect intraday price spikes.
RSI is usually more useful in range-bound markets, while in one-way markets it often signals a reversal too early.
Don’t disrupt your original plan based on a single indicator, and never gamble borrowed money on a particular prediction.
#ICNT
Use this for reference only; you assume all risk.
Before looking at money flows, first understand RSI.
RSI is calculated using closing prices only; it does not take trading volume into account or reflect intraday price spikes.
RSI is usually more useful in range-bound markets, while in one-way markets it often signals a reversal too early.
Don’t disrupt your original plan based on a single indicator, and never gamble borrowed money on a particular prediction.
#ICNT
Use this for reference only; you assume all risk.