🔢 Latest data: $APR |4-hour RSI(14) 76.6|Overbought
· Meaning: In traditional usage, an RSI above 70 is considered overbought, while one below 30 is considered oversold; some traders use 80 / 20 as more extreme thresholds.
· How to read it: Oversold only means prices have fallen too fast and too sharply over this period. They may rebound afterward, but could also churn near the lows for a while before recovering.
Leave plenty of room in your contract positions—don't let a single wick stop you out.
#APR
· Meaning: In traditional usage, an RSI above 70 is considered overbought, while one below 30 is considered oversold; some traders use 80 / 20 as more extreme thresholds.
· How to read it: Oversold only means prices have fallen too fast and too sharply over this period. They may rebound afterward, but could also churn near the lows for a while before recovering.
Leave plenty of room in your contract positions—don't let a single wick stop you out.
#APR