The candlestick chart is acting up again: $ZEREBRO -day RSI is 78.8, entering overbought territory, with the current price at 0.04541.
RSI 78.8—my blood pressure is rising too.
A quick explainer: “Overbought” means prices have risen quickly and substantially in the near term. It doesn’t mean too many people are buying, and it definitely doesn’t mean a drop is imminent.
Leave plenty of room when using leverage, so one sharp move doesn’t liquidate your position.
Not financial advice. Make your own trading decisions.
RSI 78.8—my blood pressure is rising too.
A quick explainer: “Overbought” means prices have risen quickly and substantially in the near term. It doesn’t mean too many people are buying, and it definitely doesn’t mean a drop is imminent.
Leave plenty of room when using leverage, so one sharp move doesn’t liquidate your position.
Not financial advice. Make your own trading decisions.