🚀 BINANCE FOR BEGINNERS — LESSON 10
📊 RSI — RELATIVE STRENGTH INDEX
Today we learn RSI, an indicator that can help you understand the strength and momentum of price movements.
1️⃣ What is RSI?
RSI (Relative Strength Index) is an indicator that moves between 0 and 100.
A common interpretation is:
🟢 Below 30 → potentially oversold
🟡 30–70 → neutral range
🔴 Above 70 → potentially overbought
⚠️ RSI does not guarantee that the price will reverse.
2️⃣ What Does "Overbought" Mean?
When RSI is above 70, it means the asset has experienced strong recent upward price movement.
It doesn't automatically mean "sell."
3️⃣ What Does "Oversold" Mean?
When RSI is below 30, it means the asset has experienced strong recent downward price movement.
It doesn't automatically mean "buy."
4️⃣ How to Add RSI on Binance 📱
Open:
BTC/USDT → Chart → Indicators → RSI
Use the standard 14-period RSI.
Then observe where the RSI is currently positioned.
🎯 LESSON 10 TASK
Open the BTC/USDT chart and record:
RSI = ______
Then classify it:
Below 30 → Oversold zone
30–70 → Neutral zone
Above 70 → Overbought zone
Do not trade based on RSI alone.
🔥 NEXT LESSON
Lesson 11: Trading Volume — understanding whether market activity is increasing or