TebarekDec 27, 2021 · 3 years ago5 answers Are there any specific RSI settings that are effective for a 1-minute chart in the digital currency market?
I'm wondering if there are any specific Relative Strength Index (RSI) settings that are considered effective for analyzing a 1-minute chart in the digital currency market. RSI is a popular technical indicator used by traders to identify overbought or oversold conditions in an asset. However, the effectiveness of RSI settings may vary depending on the time frame and market volatility. So, I'm curious to know if there are any particular RSI settings that work well for short-term analysis in the fast-paced digital currency market. Can anyone shed some light on this?