‼️ $JCT The daily RSI has surged to 75.4🔥
Take a moment to stay calm and understand RSI first 👇
“Overbought” means prices have risen quickly and significantly over a short period. It doesn’t mean too many people are buying, nor does it mean prices are about to fall.
RSI is calculated from historical prices, so it reflects past price movements and can’t tell you what will happen next.
Before looking at what the indicators say, make sure you’ve calculated whether you can withstand the worst-case scenario for your leveraged position.
#JCT
Markets involve risk. Please exercise caution when entering.
Take a moment to stay calm and understand RSI first 👇
“Overbought” means prices have risen quickly and significantly over a short period. It doesn’t mean too many people are buying, nor does it mean prices are about to fall.
RSI is calculated from historical prices, so it reflects past price movements and can’t tell you what will happen next.
Before looking at what the indicators say, make sure you’ve calculated whether you can withstand the worst-case scenario for your leveraged position.
#JCT
Markets involve risk. Please exercise caution when entering.