đ $DOGE daily RSI 24.8, entering oversold territory. Current price: 0.06323.
RSI itself doesn't determine the price, but lots of people watch it, and the reading can influence some people's decisions.
RSI (Relative Strength Index) was developed by Welles Wilder. It is calculated using the average gains and average losses over the most recent 14 candlesticks, and ranges from 0 to 100.
Sizing your position based on where you place your stop-loss is much more reliable than just guessing.
Whether to buy is up to you; I'm just keeping a record.
RSI itself doesn't determine the price, but lots of people watch it, and the reading can influence some people's decisions.
RSI (Relative Strength Index) was developed by Welles Wilder. It is calculated using the average gains and average losses over the most recent 14 candlesticks, and ranges from 0 to 100.
Sizing your position based on where you place your stop-loss is much more reliable than just guessing.
Whether to buy is up to you; I'm just keeping a record.
