đ RSI 24 on the $AIN 4-hour timeframe, in oversold territory.
ăTerm explainedăWhat exactly does RSI measure?
RSI values for the same coin can differ quite a bit across timeframes: when the value is high on a shorter timeframe, the daily chart may still be around the middle.
Before taking a leveraged position, first consider whether you can withstand the worst-case scenario, then see what the indicator says.
This is not a trading signal.
ăTerm explainedăWhat exactly does RSI measure?
RSI values for the same coin can differ quite a bit across timeframes: when the value is high on a shorter timeframe, the daily chart may still be around the middle.
Before taking a leveraged position, first consider whether you can withstand the worst-case scenario, then see what the indicator says.
This is not a trading signal.