RSI is good to see exhaustion, strength, and other signs.
HOWEVER
Like ANY indicator, it's just a HELP & should NEVER be the basis of a trade.
Here's a perfect example.......
Looked as if weakening but
BTC keeps going & slowly gets closer to 1st target we called some time ago.
RSI didn't break 50 & this is a HUGE win for #BTC bulls!
#Bitcoin buys still > sells, seen easier on 4Hr chart.
HOWEVER
Like ANY indicator, it's just a HELP & should NEVER be the basis of a trade.
Here's a perfect example.......
Looked as if weakening but
RSI didn't break 50 & this is a HUGE win for #BTC bulls!
#Bitcoin buys still > sells, seen easier on 4Hr chart.
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免責聲明
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