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25858953 No.25858953 [Reply] [Original]

Why would you "but the dip" now even though weekly rsi is at 95

>> No.25858986

>>25858953
b/c it's going higher, and RSI is meaningless in bull markets unless it's the real top, which none of these are b/c the real top is roughly 600k

>> No.25859723

>>25858986
then why rsi on bigger time scale makes total sense? what am I missing?

>> No.25860725

>>25859723
RSI is derived from price, use it as indicator to buy; in a bull market you don't use it as a sell signal.