RogovolodNov 28, 2021 · 3 years ago7 answers Can stochastic RSI be used to predict trend reversals in the cryptocurrency market?
Is it possible to use stochastic RSI as an effective indicator for predicting trend reversals in the cryptocurrency market? How does stochastic RSI work and what factors should be considered when using it? Can it be relied upon as a standalone tool or should it be used in conjunction with other indicators? Are there any limitations or drawbacks to using stochastic RSI for trend reversal predictions in the cryptocurrency market?