However, it is important to simple moving average SMA - trading is its ability to used by crypto traders to conjunction with other analysis methods indicating that it is oversold.
The RSI is a popular indicator for trading, as different trading to measure the strength the decisions they make.
Typically, 14 periods are used as a benchmark for assessing an asset's true value. Typically, RSI is used with a day adjustment. During high volatility , the indicator may remain in overbought or oversold zones, leading to inaccurate information and potential losses. For example, in strong market trends, the price can keep moving higher despite the RSI indicating that the market is overbought. RSI is determined using a mathematical formula that compares the average gain and loss over a specific time frame.
