$ZEREBRO Daily RSI is 78.8, in overbought territory, with the current price at 0.03975.
Let’s break down RSI using this data.
RSI (Relative Strength Index) was introduced by Welles Wilder in 1978. It is calculated using the average gains and average losses over the most recent 14 candlesticks, and ranges from 0 to 100.
When RSI reaches an extreme zone, a more prudent approach is to first ask yourself: Which way is the overall trend headed? Where are the key support levels? Can this position withstand further volatility?
Learning to read indicators is easy. The hard part is sticking to your plan when emotions are running high.
#ZEREBRO
Let’s break down RSI using this data.
RSI (Relative Strength Index) was introduced by Welles Wilder in 1978. It is calculated using the average gains and average losses over the most recent 14 candlesticks, and ranges from 0 to 100.
When RSI reaches an extreme zone, a more prudent approach is to first ask yourself: Which way is the overall trend headed? Where are the key support levels? Can this position withstand further volatility?
Learning to read indicators is easy. The hard part is sticking to your plan when emotions are running high.
#ZEREBRO