Relative Strength Index (RSI)
champions the relative strength index#RSIis one of the predominant indicators in the economy applied to #Trading, if its value is equal to or close to 30 it is said that the financial asset is oversold (many people trying to sell that asset, which which results in a drop in price). If the RSI is equal to or greater than 70 overbought of the stock asset (many people trying to buy and few wanting to sell, which causes a rise in the price of the financial asset). Intermediate values are not trends and anything can happen. The#RSIin conjugation with the#averageand the#JapaneseCandlesare extremely important to determine whether to enter or liquidate a position in trading. This applies to#CryptocurrenciesFacebook page: José Rafael Rodriguez Infante
X: @JoseRafaelRI
