Rsi 30 not means oversold ,it means momentum is downward.Without knowing the trend entering the Trade only based on rsi is utterflop
Randal Crump Ra03
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#TradingTools101 Tips on RSI: Buy the coin where RSI is at 30 and sell the coin when it is at 70. This rule is called overbought or overbought zone. But in crypto it needs to be modified buy at 5 and sell at 95 all depends upon coin structure. Ecample : Last time I bought gorilla coin when RSI as at 18 but I lost 48$ because it never came back to that position in 3 days also and my assest was liquidated.
Guys why position size is changing even without adding or reducing the margin ?? also why position size of long and short is same even though the capital is different
Technical Analysis: • Resistance: Strong resistance near $87,800 – previously rejected. • Support: $84,150 – short-term support zone. • Price touched the 24h high ($87,795), indicating overbought potential. • Short-term indicators suggest correction likely (4h RSI near overbought, weakening bullish momentum).
Trade Strategy & Risk Management: • Risk-reward ratio approx. 1:2. • Set stop-loss slightly above 24h high to avoid false breakouts. • Use 50% position at entry, scale in at upper end of zone. • Avoid over-leverage; 2–3x leverage recommended if margin trading.