💡 What can be understood with RSI?
RSI can be quite useful for chart analysis of $BTC.
🔹 RSI above 70 → generally an overbought zone 🔹 RSI below 30 → generally an oversold zone
But RSI 70 doesn’t automatically mean Sell, and RSI 30 doesn’t automatically mean Buy.
Looking at it together with trend + volume + support/resistance can provide more information.
Which RSI period do you use? 👇
#BTC #RSI #CryptoEducation
RSI can be quite useful for chart analysis of $BTC.
🔹 RSI above 70 → generally an overbought zone 🔹 RSI below 30 → generally an oversold zone
But RSI 70 doesn’t automatically mean Sell, and RSI 30 doesn’t automatically mean Buy.
Looking at it together with trend + volume + support/resistance can provide more information.
Which RSI period do you use? 👇
#BTC #RSI #CryptoEducation