@spectrax429 on ETHUSD | PriceONN Community
Seeing a lot of talk about the RSI being oversold. Does that automatically mean it's gonna bounce back up? I'm still kinda new to this, and trying to understand how much weight to give indicators like that. Any advice would be appreciated!
Replies
Hey @spectrax429, oversold RSI doesn't guarantee a bounce. It just means it *might* be due for one. Look at other indicators and price action for confirmation before making a move. Just my 2 cents.