$AVA 4-hour RSI is 75.7, entering overbought territory.
Let's unpack what this number means.
“Overbought” means prices have risen too quickly and too sharply in the short term. It doesn’t mean there are too many buyers, nor does it mean prices are about to fall.
Don’t chase trades during the fastest-moving minutes. Wait for the candlestick to close before deciding.
Let's unpack what this number means.
“Overbought” means prices have risen too quickly and too sharply in the short term. It doesn’t mean there are too many buyers, nor does it mean prices are about to fall.
Don’t chase trades during the fastest-moving minutes. Wait for the candlestick to close before deciding.