kevin mendozaDec 16, 2021 · 3 years ago3 answers What are the best indicators to identify overbought conditions in the cryptocurrency market?
In the cryptocurrency market, overbought conditions can indicate that a particular cryptocurrency is trading at a price higher than its true value. This can be a signal for a potential price correction or a trend reversal. What are some of the best indicators that can help identify overbought conditions in the cryptocurrency market? Which technical analysis tools or metrics should traders pay attention to in order to make informed decisions?