$CKB Daily RSI is 83.8, in overbought territory, with the current price at 0.00202.
Let’s use this figure to break down RSI.
Wilder originally designed RSI for the futures market, and today it’s built into almost every charting tool.
RSI tends to work better in range-bound markets; in strong trends, it can easily give reversal signals too early.
With leveraged trading, first work out whether you can handle the worst-case scenario, then consider what the indicators are saying.
#CKB
Let’s use this figure to break down RSI.
Wilder originally designed RSI for the futures market, and today it’s built into almost every charting tool.
RSI tends to work better in range-bound markets; in strong trends, it can easily give reversal signals too early.
With leveraged trading, first work out whether you can handle the worst-case scenario, then consider what the indicators are saying.
#CKB