Thaaiss 001Dec 27, 2021 · 3 years ago5 answers What is the difference between using the stochastic indicator and the RSI in cryptocurrency trading?
Can you explain the key differences between using the stochastic indicator and the RSI (Relative Strength Index) in cryptocurrency trading? How do these two indicators work, and what are their strengths and weaknesses? Which one is more suitable for identifying overbought or oversold conditions in the cryptocurrency market? Are there any specific situations or market conditions where one indicator may be more effective than the other?