#ProjectCrypto Practical Examples
📌 Example 1: RSI below 30 = Potential Buy Opportunity
ETH dropped from $3,200 to $2,950
RSI reached 25
After that, green candles started to appear and RSI rose to 35
✅ Immediate buy entry with calculated amounts
🎯 Sell when RSI reaches 60-70 or the price hits resistance
📌 Example 2: RSI above 70 = Beware of Buying
I bought BTC at $59,000
The price reached $61,500 and RSI = 76
The market is in overbought condition
✅ At that time, sell partially or completely
⛔ Do not enter a new buy — correction is possible
📊 Secrets and Mastery of RSI:
✅ Combine RSI with other tools:
Support and Resistance: If RSI is below 30 and the price is at strong support → Smart entry
Candlestick Patterns: If a reversal candle (Hammer, Engulfing) appears with RSI below 30 → Excellent confirmation
Moving Averages: If RSI is below 30 and the price is above MA200 → Strong bounce expected
❌ Avoid these mistakes:
Do not enter a buy just because RSI is below 30 — wait for confirmation.
Do not sell immediately because RSI is above 70 — monitor the price and resistance.
✅ Quick Summary:
RSI Condition Proposed Action for Immediate Trading
RSI < 30 Wait for a buy after confirming a rebound
RSI > 70 Consider selling or taking profit
RSI between 40-60 The market is stable — just monitor
$SOL $XRP $ETH