RSI .
Full form.
Relative strength index
It's a indicator which give us information about crypto market.
It's very important for entry.
In RSI we have 100 figures
from 0.... to ....100
It has 3 phases
1 buying phase 0....to....30
2. No go area 30...to...70
3. Selling phase. 70...to...100
First of all I'll talk about buying phase
When RSI below from 30..to...0 we'll buy. For best entry we'll wait when RSI come very down like 0,1,2,3,4,5 best entry place.
2nd
From 30 to 70 we'll not trade ❌
3rd
From 70 to 100 we'll close our trade.
For best exit we'll wait when it touch 90,92,...98 we'll close .
50, is mid line of RSI.
when market go up from 50 then pressure will be increase can and we can open long in future because in 3 confirmation RSI will already up.
When RSI come down from 50 pressure will be decrease you can open short 3 confirmation will be done already,
how much RSI come down price will too.
When RSI make M shape market will go down.
When RSI make W shape market will go up
When RSI directly up in seconds it will must come down there you can open short in future for short time.
If suddenly RSI come down it will must go up there you can open long for short time.