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RE: Steem Technical Analysis 16 September 2018.

in #steem6 years ago

Hi @gungunkrishu, you are always welcome, Relative strength index is the abbreviation of RSI, it is the indicator which is present in different platforms. It has value between 0 to 100. For many decades it is considered that when RSI approaches to 30 then market will return to up and when RSI reaches to 70 market will starts towards down. But it is true only in case when market is in sidewave trend.