#LearnCrypto #RSIMasterclass #TechnicalIndicator ๐ง Effective trading with RSI โ Specific order template
When RSI is below 30, look to buy (entry) with a bullish candle and confirmed volume โ for example, altcoins at the bottom.
When RSI exceeds 70, prepare to take profits in parts, especially with hot tokens like CAKE, YB, WBAI.
Absolute stoploss 5% below the nearest support zone.
โก๏ธ Real trading template:
Entry: Token at RSI < 30 (e.g., WCT, YB testing around $0.44โ0.47)
SL: Set in the range of $0.42โ$0.43 depending on the token
TP: Target the nearest resistance based on volume (WCT range $0.75โ$1.10)
Always manage capital, RSI is just one part of the whole!
Comment and share your opinions, let's share experiences to make money in this market!
#RiskManagement