🐋 $Q Daily RSI is 75.1, entering overbought territory. Current price: 0.04622.
RSI itself doesn’t drive prices, but plenty of people watch it, so its reading may influence some people’s decisions.
The 14 in RSI refers to 14 candles: on a 4-hour chart, that’s a little over two days (56 hours); on a daily chart, it’s two weeks.
Leave plenty of room for your futures positions—don’t let a single wick stop you out.
#Q
RSI itself doesn’t drive prices, but plenty of people watch it, so its reading may influence some people’s decisions.
The 14 in RSI refers to 14 candles: on a 4-hour chart, that’s a little over two days (56 hours); on a daily chart, it’s two weeks.
Leave plenty of room for your futures positions—don’t let a single wick stop you out.
#Q