📉 $ETH 4H RSI hit 14.7 on Oct 8, then flashed a buy signal
1️⃣ Next candle made a lower low ($2,406) but RSI only 23
2️⃣ Lower low + higher RSI = bullish divergence → +4.8% bounce
3️⃣ $BTC Sep 3: higher high, RSI 82 → 73, then -8.9%
🧭 Over 70 alone isn't a sell: BTC stayed overbought 5 days
🎯 My take: ETH needs a 4H close over $2,538 with RSI above 50
💬 RSI over 70: do you sell, or ride the trend? 👇
📖 Full lesson: https://app.binance.com/uni-qr/cart/376009747200546
#RSI #TechnicalAnalysis #TradingLessons
1️⃣ Next candle made a lower low ($2,406) but RSI only 23
2️⃣ Lower low + higher RSI = bullish divergence → +4.8% bounce
3️⃣ $BTC Sep 3: higher high, RSI 82 → 73, then -8.9%
🧭 Over 70 alone isn't a sell: BTC stayed overbought 5 days
🎯 My take: ETH needs a 4H close over $2,538 with RSI above 50
💬 RSI over 70: do you sell, or ride the trend? 👇
📖 Full lesson: https://app.binance.com/uni-qr/cart/376009747200546
#RSI #TechnicalAnalysis #TradingLessons