📋 Data: $QNT ｜4-hour RSI(14) 24.6｜Oversold
· What it is: RSI 50 is often treated as the dividing line between strength and weakness: staying above 50 over the long term indicates that upward momentum is in control, while staying below it suggests the opposite.
· Common interpretation: “Divergence” is a frequently mentioned use of RSI: when the price makes a new high but RSI does not, it is often seen as a sign that upward momentum is weakening. However, divergence can also persist for a long time.
Calculating position size backward from where the stop-loss is placed is much more reliable than choosing a position size arbitrarily.
#QNT
· What it is: RSI 50 is often treated as the dividing line between strength and weakness: staying above 50 over the long term indicates that upward momentum is in control, while staying below it suggests the opposite.
· Common interpretation: “Divergence” is a frequently mentioned use of RSI: when the price makes a new high but RSI does not, it is often seen as a sign that upward momentum is weakening. However, divergence can also persist for a long time.
Calculating position size backward from where the stop-loss is placed is much more reliable than choosing a position size arbitrarily.
#QNT