🔍 Latest data: $ICNT ｜4-hour RSI(14) 80.3｜Overbought
· What it is: RSI readings for the same coin can vary quite a bit across different timeframes. A shorter timeframe may be overbought while a longer one is still near the middle of its range.
· How to read it: RSI tends to work better in range-bound markets, while in trending markets it often signals a reversal too early.
Understanding indicators isn’t hard; the hard part is sticking to your plan when emotions are at their most extreme.
For record-keeping and sharing only—not trading advice.
· What it is: RSI readings for the same coin can vary quite a bit across different timeframes. A shorter timeframe may be overbought while a longer one is still near the middle of its range.
· How to read it: RSI tends to work better in range-bound markets, while in trending markets it often signals a reversal too early.
Understanding indicators isn’t hard; the hard part is sticking to your plan when emotions are at their most extreme.
For record-keeping and sharing only—not trading advice.