$CKB 4-hour RSI is 85.5, entering overbought territory. The current price is 0.002073.
How is this number calculated?
“Overbought” means that prices have risen sharply and quickly in the short term. It doesn’t mean there are too many buyers, nor does it mean the price will fall immediately.
Indicators can be wrong, so don’t skip your stop-loss: think first about what you’ll do if your assessment is wrong—that matters more than guessing correctly.
#CKB
How is this number calculated?
“Overbought” means that prices have risen sharply and quickly in the short term. It doesn’t mean there are too many buyers, nor does it mean the price will fall immediately.
Indicators can be wrong, so don’t skip your stop-loss: think first about what you’ll do if your assessment is wrong—that matters more than guessing correctly.
#CKB