$HAEDAL daily RSI 81.7, in overbought territory, with the current price at 0.02964.
Everyone, what is RSI? Let me explain it in a nutshell👇
The RSI reading for the same coin can vary greatly across timeframes: when it’s overbought on a shorter timeframe, it may still be neutral on a longer one.
RSI is usually quite useful in range-bound markets, but in trending markets it can signal a reversal too early.
Understanding indicators isn’t hard; the hard part is sticking to the rules when the market is at its most extreme.
#HAEDAL
Personal notes. Make your own decisions about buying and selling.
Everyone, what is RSI? Let me explain it in a nutshell👇
The RSI reading for the same coin can vary greatly across timeframes: when it’s overbought on a shorter timeframe, it may still be neutral on a longer one.
RSI is usually quite useful in range-bound markets, but in trending markets it can signal a reversal too early.
Understanding indicators isn’t hard; the hard part is sticking to the rules when the market is at its most extreme.
#HAEDAL
Personal notes. Make your own decisions about buying and selling.
