#TradingMistakes101 RSI – Overbought or Oversold?
#CryptoCharts101
The Relative Strength Index (RSI) helps you spot when a coin is overbought (70+) or oversold (30-). Overbought? Price might pull back. Oversold? Reversal could be near.
But RSI isn’t a crystal ball. Combine it with support/resistance or trendlines for better accuracy.
✅ RSI divergence? Big clue!
⛔ Don’t use RSI alone.
Mastering RSI can level up your trades and help you avoid bad entries.
#RSI #TechnicalAnalysis #CryptoTools