$ARIA 4-hour RSI is 76, in the overbought zone, with the current price at 0.05846.
Let’s use this data to talk about RSI.
“Overbought” means prices have risen quickly and substantially over a short period. It doesn’t mean there’s too much buying, nor does it mean prices are about to fall.
I generally use RSI as a signal that sentiment may be overheated or oversold, and look at it alongside key price levels and trading volume. I don’t rely on it alone to place trades.
Don’t chase trades during the most volatile few minutes. Wait for the candlestick to close before deciding.
#ARIA
Let’s use this data to talk about RSI.
“Overbought” means prices have risen quickly and substantially over a short period. It doesn’t mean there’s too much buying, nor does it mean prices are about to fall.
I generally use RSI as a signal that sentiment may be overheated or oversold, and look at it alongside key price levels and trading volume. I don’t rely on it alone to place trades.
Don’t chase trades during the most volatile few minutes. Wait for the candlestick to close before deciding.
#ARIA