$HAEDAL Daily RSI (14) is 81.7, in deeply overbought territory, with the current price at 0.02787.
Overbought conditions mean prices have risen sharply in the short term; they don’t mean a top is imminent. In a strong market, RSI can stay above 70 for a long time. What’s more worth watching is bearish divergence: the price makes a new high, but RSI does not.
Indicators reflect the past; prices move into the future. Don’t treat them as predictions.
#HAEDAL
Overbought conditions mean prices have risen sharply in the short term; they don’t mean a top is imminent. In a strong market, RSI can stay above 70 for a long time. What’s more worth watching is bearish divergence: the price makes a new high, but RSI does not.
Indicators reflect the past; prices move into the future. Don’t treat them as predictions.
#HAEDAL