Indicator Notes｜$AGT ｜Daily RSI(14) 76.2｜Overbought
Definition: RSI values for the same coin can vary significantly across different timeframes: when RSI is high on a shorter timeframe, it may still be in neutral territory on the daily chart.
A common way to read it: When RSI enters overbought or oversold territory, a more prudent response is to first consider the overall trend, recent price levels, and whether your position can withstand a move in the opposite direction.
Indicators can fail, but risk management shouldn't be skipped: thinking ahead about what to do if you're wrong is more important than getting the prediction right.
#AGT
Just chatting off the cuff—don't take this as advice.
Definition: RSI values for the same coin can vary significantly across different timeframes: when RSI is high on a shorter timeframe, it may still be in neutral territory on the daily chart.
A common way to read it: When RSI enters overbought or oversold territory, a more prudent response is to first consider the overall trend, recent price levels, and whether your position can withstand a move in the opposite direction.
Indicators can fail, but risk management shouldn't be skipped: thinking ahead about what to do if you're wrong is more important than getting the prediction right.
#AGT
Just chatting off the cuff—don't take this as advice.