📊 RSI: One of the simplest indicators — but many traders misuse it.
RSI usually moves between 0 and 100.
🔹 Above 70 → often considered overbought 🔹 Below 30 → often considered oversold 🔹 Around 50 → useful for judging momentum
But here's the important point:
❌ RSI above 70 does NOT automatically mean “SELL.”
❌ RSI below 30 does NOT automatically mean “BUY.”
A strong trend can keep RSI elevated for a long time.
I prefer to combine RSI with:
✅ Trend ✅ Support & resistance ✅ Volume ✅ Price structure
What RSI setting do you use?
$BTC $ETH
#TechnicalAnalysis #RSI #Bitcoin #Trading
RSI usually moves between 0 and 100.
🔹 Above 70 → often considered overbought 🔹 Below 30 → often considered oversold 🔹 Around 50 → useful for judging momentum
But here's the important point:
❌ RSI above 70 does NOT automatically mean “SELL.”
❌ RSI below 30 does NOT automatically mean “BUY.”
A strong trend can keep RSI elevated for a long time.
I prefer to combine RSI with:
✅ Trend ✅ Support & resistance ✅ Volume ✅ Price structure
What RSI setting do you use?
$BTC $ETH
#TechnicalAnalysis #RSI #Bitcoin #Trading