How can I find the best RSI setting for day trading digital currencies?

1 answers

• ki suFeb 10, 2025 · 10 months ago
  At BYDFi, we recommend using a 14-period RSI setting for day trading digital currencies. This setting has been found to provide a good balance between capturing short-term price movements and reducing false signals. However, it's important to note that the optimal RSI setting can vary depending on the specific digital currency and market conditions. We encourage traders to experiment with different settings and find what works best for their individual trading style and goals. Remember to always consider other technical indicators and market factors when making trading decisions.
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