📎 Data snapshot: $BAT ｜Daily RSI (14) 82.2｜Overbought
· Meaning: RSI is calculated using closing prices only. It doesn't take trading volume into account or reflect intraday price spikes.
· How to read it: RSI ranges can vary considerably from one coin to another. Highly volatile small-cap coins also tend to hit extreme values more often, so be careful about applying the same thresholds across the board.
Before taking a leveraged position, first consider whether you could withstand the worst-case scenario, then think about what the indicators say.
#BAT
Do your research before placing an order.
· Meaning: RSI is calculated using closing prices only. It doesn't take trading volume into account or reflect intraday price spikes.
· How to read it: RSI ranges can vary considerably from one coin to another. Highly volatile small-cap coins also tend to hit extreme values more often, so be careful about applying the same thresholds across the board.
Before taking a leveraged position, first consider whether you could withstand the worst-case scenario, then think about what the indicators say.
#BAT
Do your research before placing an order.