MultiversX Tracker is Live!

Why is the 15m RSI different to the 1h RSI?

Binance

Cryptocoins Exchanges / Binance 220 Views

What is the most accurate RSI signal for trading, using the 1 hour RSI which is sitting at about 40, or the 15m RSI which is below 30? I was trading nicely yesterday and made 100 ADA profit, but then last night bitcoin shot up and therefore Cardano did as well, so I'm using RSI as an indicator whether to cut my losses, but 15m RSI indicates undersold and 1h RSI indicates there's still some space for me to get my profits back.

So which RSI should I be using at the best indicator whether there's space for the price to go down, 15m or 1h? Thanks.

submitted by /u/chompchompnomnom
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments