$US 4-hour RSI (14) is 78.6, entering overbought territory, with the current price at 0.02772.
Overbought conditions mean prices have risen sharply in the short term, not that a top is imminent: in a strong market, the RSI can stay above 70 for a long time. What’s more worth watching is bearish divergence—the price makes a new high, but the RSI does not.
Indicators offer probabilities, not answers.
#US
For reference only. Make your own decisions.
Overbought conditions mean prices have risen sharply in the short term, not that a top is imminent: in a strong market, the RSI can stay above 70 for a long time. What’s more worth watching is bearish divergence—the price makes a new high, but the RSI does not.
Indicators offer probabilities, not answers.
#US
For reference only. Make your own decisions.