Abel Aparicio
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😀👉RSI: The Secret Radar to Know When to Buy or Sell on Binance
The RSI is an indicator that measures whether a cryptocurrency is too expensive (overbought) or too cheap (oversold). It ranges from 0 to 100:
If the RSI rises above 70, be careful! It may be time to sell because the currency is overvalued.
If it falls below 30, it may be a sign that it's a good time to buy because it's cheap.
It's like having a traffic light that tells you when to slow down or speed up in the market. But be careful; always use it in conjunction with other indicators to avoid falling into traps.
#BTC
The RSI is an indicator that measures whether a cryptocurrency is too expensive (overbought) or too cheap (oversold). It ranges from 0 to 100:
If the RSI rises above 70, be careful! It may be time to sell because the currency is overvalued.
If it falls below 30, it may be a sign that it's a good time to buy because it's cheap.
It's like having a traffic light that tells you when to slow down or speed up in the market. But be careful; always use it in conjunction with other indicators to avoid falling into traps.
#BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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