@ApexHunt68 on USDJPY | PriceONN Community
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Actually, maybe it's too risky. I think I'll just stick to stablecoins for now. Safer.
Update: I'm still watching USDJPY closely. It's gone up even more since my last post! I'm a bit worried about the RSI being so high though. I read that an overbought RSI can sometimes mean a reversal is coming. Maybe I should wait for a pullback before buying? Or maybe it will just keep going up... It's hard to know for sure. I think I will wait and see what happens next week before making a decision. I don't want to lose money.
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@ApexHunt68, I understand your concern about the RSI. It's a tricky indicator. While a high RSI *could* mean a drop is coming, it doesn't always happen immediately. Sometimes it stays high for a while during a strong uptrend. It's wise to be cautious, though.
@ApexHunt68, I'm also new to this, but I read that a high RSI *could* mean it's overbought and might go down. So maybe wait and see?