Market Notes｜$JCT ｜4-hour RSI(14) 76.3｜Overbought
Definition: The RSI reading for the same coin can vary significantly across different timeframes: when it is overbought on the 4-hour chart, it may still be in neutral territory on the daily chart.
How to read it: Different coins have different typical RSI ranges. More volatile small-cap coins are more likely to hit extreme readings, so be cautious about applying the same thresholds to all of them.
Indicators can be inaccurate, but risk management should never be skipped: deciding in advance what to do if you’re wrong matters more than whether your predictions are accurate.
Definition: The RSI reading for the same coin can vary significantly across different timeframes: when it is overbought on the 4-hour chart, it may still be in neutral territory on the daily chart.
How to read it: Different coins have different typical RSI ranges. More volatile small-cap coins are more likely to hit extreme readings, so be cautious about applying the same thresholds to all of them.
Indicators can be inaccurate, but risk management should never be skipped: deciding in advance what to do if you’re wrong matters more than whether your predictions are accurate.