🚀 #RSI — when is the market already "overheated"? 🔥
Everyone is buying — and you want to as well. But is it too late?
Here, RSI will help — an indicator that shows how much the market is “overbought” or “oversold”.
📊 How it works:
RSI > 70 — the market is hot, a pullback is possible
RSI < 30 — panic, but there might be a chance for a bounce back
50 — neutral zone, no trend
💡 Tip:
Don't enter just based on RSI. If the price is rising, but RSI is already >70 — wait for confirmation or a pullback.
📌 A tip for beginners:
RSI works better in a ranging market than in a strong trend. In a trend, it can “hang” at 70+ for a very long time.
#RSI #technicalanalysis #indicators #tradingbasics #криптопоради