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AtnsFarts
@atnsarts.eth
📊 Understanding Stochastic RSI: A Powerful Momentum Indicator Stochastic RSI (StochRSI) is a momentum indicator that applies the Stochastic Oscillator formula to the Relative Strength Index (RSI), enhancing sensitivity to price movements. It's a popular tool among traders for identifying overbought and oversold conditions.
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AtnsFarts
@atnsarts.eth
📈 How StochRSI Works: Values: Range from 0 to 1 (or 0 to 100 if scaled). Overbought: Typically above 0.8 (80) — may signal a potential price reversal or pullback. Oversold: Typically below 0.2 (20) — may indicate a buying opportunity.
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