Hello everyone,
I'm new to cryptocurrency trading and I'm interested in learning about the Relative Momentum Index (RMI) and how it can help me in analyzing altcoins. I've heard that this index is particularly useful when it comes to evaluating the potential of a coin, but I'm not sure exactly how to use it. Does anyone have any experience with it that they'd be willing to share?
I've read up a bit on the RMI and understand that it's a technical indicator that measures momentum over time, but I'm not sure how to interpret the data to make informed decisions when choosing altcoins to invest in. Is there a particular way to use the RMI that is most effective for altcoin analysis?
Any advice, guidance, or resources you can provide would be greatly appreciated.
I'm new to cryptocurrency trading and I'm interested in learning about the Relative Momentum Index (RMI) and how it can help me in analyzing altcoins. I've heard that this index is particularly useful when it comes to evaluating the potential of a coin, but I'm not sure exactly how to use it. Does anyone have any experience with it that they'd be willing to share?
I've read up a bit on the RMI and understand that it's a technical indicator that measures momentum over time, but I'm not sure how to interpret the data to make informed decisions when choosing altcoins to invest in. Is there a particular way to use the RMI that is most effective for altcoin analysis?
Any advice, guidance, or resources you can provide would be greatly appreciated.