The $JCT 4-hour RSI is 86.6, in overbought territory, with the current price at 0.003398.
Let's break that number down.
RSI 50 is often seen as the dividing line between bulls and bears: staying above 50 suggests upward momentum is prevailing, while staying below it suggests the opposite.
Learning to read indicators is easy; the hard part is sticking to the rules when emotions are running high.
Let's break that number down.
RSI 50 is often seen as the dividing line between bulls and bears: staying above 50 suggests upward momentum is prevailing, while staying below it suggests the opposite.
Learning to read indicators is easy; the hard part is sticking to the rules when emotions are running high.