#RSI
๐ RSI Interpretation:
RSI Value Meaning Trader's Action
Above 70 Overbought (price may drop soon) โ ๏ธ Consider selling or waiting
Below 30 Oversold (price may rise soon) โ Consider buying
Between 30โ70 Neutral zone ๐ Wait or follow trend
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๐ Example:
If BTC has RSI 82, it means it's overbought โ might face correction or reversal.
If ETH has RSI 22, itโs oversold โ could be a buying opportunity.
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โ RSI is often used with:
Support/Resistance
Moving Averages (EMA/SMA)
MACD
Volume Analysis