Today's market-watching musings: $ELSA has a daily RSI of 78.3, entering overbought territory, with the current price at 0.102.
RSI 78.3—and my heart rate is rising right along with it.
Seriously though, the RSI for the same coin can vary greatly across different timeframes: it may be high on the 4-hour chart while still sitting around the middle on a longer timeframe.
Don't place orders during the fastest-moving minutes. Wait for the candlestick to close before deciding.
Just keeping notes—make your own trading decisions.
RSI 78.3—and my heart rate is rising right along with it.
Seriously though, the RSI for the same coin can vary greatly across different timeframes: it may be high on the 4-hour chart while still sitting around the middle on a longer timeframe.
Don't place orders during the fastest-moving minutes. Wait for the candlestick to close before deciding.
Just keeping notes—make your own trading decisions.