📌 Day 16: RSI
How do you know when the price has gone up too much or dropped too much? 🌡️
RSI is a number from 0 to 100:
• Above 70: gone up too much (overbought)
• Below 30: dropped too much (oversold)
⚠️ It is not a direct buy or sell signal. In a strong trend, RSI can stay above 70 for a long time. Combine it with support, resistance, and trend.
Do you know RSI? Write "Yes" or "No" 👇
#RSI #DanATWO #Trading $CLANKER $HOT $BNB
Not financial advice.
How do you know when the price has gone up too much or dropped too much? 🌡️
RSI is a number from 0 to 100:
• Above 70: gone up too much (overbought)
• Below 30: dropped too much (oversold)
⚠️ It is not a direct buy or sell signal. In a strong trend, RSI can stay above 70 for a long time. Combine it with support, resistance, and trend.
Do you know RSI? Write "Yes" or "No" 👇
#RSI #DanATWO #Trading $CLANKER $HOT $BNB
Not financial advice.
