2018-7-7 19:00

Unfortunately for the 18th-century candlestick charting pioneers, the RSI was developed just 40 years ago by technical analyst Welles Wilder.
Luckily, you don’t need to know what the formula is or how it works in order to benefit from the RSI.
An asset is considered undervalued or “oversold” and due for a corrective rally when the RSI drops below 30.00.
On the other hand, buying pressure usually subsides after the RSI prints above 70.00, indicating overbought conditions.
How to Use the RSI
Overbought
The RSI can help identify when the asset will cool off, if for just a brief period.

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