Hi everyone 👋 Today let’s talk about a very popular indicator: RSI (Relative Strength Index). Don’t worry, it sounds complex but actually it’s very simple. Here’s how it works:
đź“Š 1. What is RSI? RSI is an indicator that measures market momentum (speed of price moves). It shows if a coin is overbought (too expensive) or oversold (too cheap).
RSI value goes from 0 to 100.
Above 70 → market is overbought (price might fall).
Below 30 → market is oversold (price might rise).
🔎 2. How to Use RSI?
When RSI is high (near 70+) → better to be careful, maybe sell.
When RSI is low (near 30-) → can be a good opportunity to buy.
Middle zone (30–70) → market is neutral.
⏳ 3. Why is This Important?
Helps you avoid buying when price is already too high.
Helps you find good entry points when the market is cheap.
Makes your trading more strategic, less emotional.
That’s it for today 🙌 👉 Let me know in the comments if you use RSI or if you want me to explain Moving Averages next time.