If you’re trading crypto without technical indicators, it’s like navigating the markets blindfolded. 👀
Here’s one powerful tool to help sharpen your strategy:
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1. RSI (Relative Strength Index)
The RSI is a momentum indicator that ranges from 0 to 100 and gauges the strength of recent price action.
Above 70? The asset might be overbought.
Below 30? It could be oversold.
RSI is especially useful for identifying potential price reversals or confirming trends—especially when combined with other indicators.