$DOGE 4-hour RSI is 24.9, entering oversold territory, with the current price at 0.06043.
Let’s talk about what’s behind this number.
In formula terms, RS equals average gains divided by average losses, and RSI = 100 − 100 ÷ (1 + RS); the averages use Wilder smoothing, not a simple arithmetic mean.
Many people care more about when RSI moves out of the overbought or oversold zone—for example, falling back below 70 after being above it—rather than taking the opposite position as soon as it enters the zone.
Keep enough margin for your futures positions; don’t let one sudden price swing liquidate your position.
#DOGE
I could be wrong, too, so don’t blindly follow this.
Let’s talk about what’s behind this number.
In formula terms, RS equals average gains divided by average losses, and RSI = 100 − 100 ÷ (1 + RS); the averages use Wilder smoothing, not a simple arithmetic mean.
Many people care more about when RSI moves out of the overbought or oversold zone—for example, falling back below 70 after being above it—rather than taking the opposite position as soon as it enters the zone.
Keep enough margin for your futures positions; don’t let one sudden price swing liquidate your position.
#DOGE
I could be wrong, too, so don’t blindly follow this.