The latest episode of the crypto market drama: after $JCT 4 hours, RSI is 76.3, in overbought territory.
RSI 76.3—and my heart rate is rising too.
Seriously, RSI 50 is often considered the dividing line between strength and weakness: staying above 50 for a long time indicates bullish momentum is in the lead; below it, the opposite is true.
Don’t place trades during the most volatile few minutes. Wait for the candlestick to close and settle before deciding.
RSI 76.3—and my heart rate is rising too.
Seriously, RSI 50 is often considered the dividing line between strength and weakness: staying above 50 for a long time indicates bullish momentum is in the lead; below it, the opposite is true.
Don’t place trades during the most volatile few minutes. Wait for the candlestick to close and settle before deciding.
