What are the best strategies for using adaptive RSI in digital asset investments?

1 answers

• Shogo SonodaFeb 15, 2021 · 5 years ago
  At BYDFi, we have found that one effective strategy for using adaptive RSI in digital asset investments is to combine it with trend analysis. By identifying the overall trend of the market, you can use adaptive RSI to find potential entry and exit points within that trend. For example, if the market is in an uptrend, you may look for oversold conditions indicated by adaptive RSI to buy and ride the upward momentum. On the other hand, if the market is in a downtrend, you may use adaptive RSI to identify overbought conditions and consider selling or shorting the asset. Remember to always do your own research and consider your risk tolerance before making any investment decisions.
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