Indicator notes｜$AIN ｜4-hour RSI(14) 78｜Overbought
First, the definition: Put simply, RSI measures how much of the total price movement over a recent period came from upward moves. The more and faster prices rise, the closer RSI gets to 100.
A common interpretation: Overbought and oversold readings on longer timeframes generally carry more weight than those on shorter timeframes. Signals appear more often on the 4-hour timeframe, but so does noise.
Multiple indicators confirming one another is more reliable than looking at just one, but no number of signals can provide a definitive answer.
#AIN
First, the definition: Put simply, RSI measures how much of the total price movement over a recent period came from upward moves. The more and faster prices rise, the closer RSI gets to 100.
A common interpretation: Overbought and oversold readings on longer timeframes generally carry more weight than those on shorter timeframes. Signals appear more often on the 4-hour timeframe, but so does noise.
Multiple indicators confirming one another is more reliable than looking at just one, but no number of signals can provide a definitive answer.
#AIN
