Simply how to use the RSI indicator with Japanese candles to identify opportunities
📊 Relative Strength Index (RSI) a simple market reading Have you heard of the RSI indicator and want to understand it quickly? Follow this simplified explanation to learn how to read it and use it with Japanese candles to enhance your trading decisions.
1. What is RSI? 🤔
Short for Relative Strength Index.
A number ranging from 0 to 100 that measures the strength and dynamics of price movement.
#BTCWhaleMovement 👀 Yesterday we witnessed a bustling movement of 8 'old' Bitcoin wallets that had been dormant for 14 years, suddenly waking up and moving over 8.6 billion dollars! The market didn’t hesitate for a moment: BTC price dropped from over 109 thousand dollars to around 107.5 thousand. Some say: “This is a sell signal from old whales,” while others see it as just a reorganization of long-term holdings. The question for you: do you see this movement as positive and a form of ‘accumulation’ before the rise? Or negative and hinting at an upcoming wave of selling?
✍️ Share your opinion: Where do you think the price of Bitcoin is headed after these movements?
#OneBigBeautifulBill There is nothing more important than a law that truly serves the people. It aims to reduce taxes for families and protect those who really need help.
So if you work hard for your home and your children, this law will increase your annual income and support you in healthcare, education, and more.
A huge project… but simple in its idea: ✔️ Protecting the vulnerable ✔️ Supporting families ✔️ Ensuring true justice for all
$BTC What's happening with Bitcoin? 🤔 Let me summarize what happened today: 🔹 The price is currently around $101,600 after a slight drop of about 1.9%, ranging between $101,500 and $103,900 – a calm movement but under pressure. 🔹 Despite the drop, there was an attempt to maintain support at $104,000, but it’s clear that the market is testing a new bottom, and if it doesn't hold, we could continue to decline. 🔹 Liquidity? Strong! The daily trading volume is over $32 billion, which means there is still activity despite the hesitation. 🔹 The current movement is likely a correction after the rise that reached $106K – $108K, and if it holds its support, we might see a sudden rebound. 🔹 And on the chains, whales are actively accumulating, and this gives a bit of hope in the long term.
🎯 In summary: Bitcoin is walking on a fine line, it might bounce back if the market supports it, and it could continue to decline if it loses momentum. What do you think? Should we buy on the dip? Or should we wait for a clearer signal? 💬
#USNationalDebt Oh my God, on this number! 😱 The US national debt has exceeded 36 trillion dollars, and it keeps growing every day! This means the government is paying billions just on interest, even before it thinks about spending on roads, health, or education! Banks and investors are increasingly worried about relying too much on borrowing, and voices are starting to rise warning: "If America continues at this pace, we might face an economic crisis the likes of which modern history has never seen!" 😬 The situation is no joke… and the higher the interest rates rise, the more pressure is put on the budget and on the world's confidence in the US economy.
What do you think? Can America fix the situation? Or are we living at the beginning of a global debt crisis? 🤔 $XRP
#PowellRemarks Jerome Powell came out today and said it clearly: "We will not lower interest rates until we are sure of the upcoming numbers and data." This means don't reassure the market or scare people, but it left everyone in a state of anticipation! 👀 The markets were waiting for a single word to change the mood, but Powell chose to be cautious as usual. Cryptocurrencies and stocks fluctuated a bit, and everyone is asking: Does this caution open the door for a decline or an opportunity to buy? What do you think? Do you see it as a smart opportunity to wait or is it the right time to enter? 🤔💸
$USDC It looks like the USDC currency is starting to gain traction in the eyes of institutions 😏 Coinbase intends to use it as official collateral in the futures market in America! 🤯 This means it's not just a "stablecoin"; it has become an approved financial tool entering the big leagues.
With the support of a new law in the Senate, Circle's stock (the company behind USDC) has soared more than 30%! Furthermore, payments in USDC are now enabled on platforms like Shopify, making transfers easier and faster for merchants.
What do you think? Will USDC become the official digital currency that everyone trusts? 👀
#CryptoStocks 🚀 Crypto stocks are on fire these days! Coinbase's stock soared by +16% after a strong announcement of support for stablecoins through Shopify, and with the passing of the GENIUS Act, investors have gained a boost of confidence 🔥 As for MicroStrategy? As usual... it remains a presence in the market, and its stock continues to rise with every increase in the price of Bitcoin 🟠 And let's not forget about mining companies like Riot, Marathon, and CleanSpark, all of which saw significant jumps after the recent surge in BTC ⚡️
This market is not just about the currencies themselves; even companies linked to crypto are providing golden opportunities! 💰
What do you think? Do you prefer to invest in stocks or directly in currencies? 👀
#GENIUSActPass Finally, the U.S. Senate passes the GENIUS Act that regulates stablecoins 1:1 and mandates monthly audits and anti-money laundering monitoring. Coinbase's stock jumped over 16%, and many expect the stablecoin market to touch two trillion in a short period! 😲
In your opinion, will this regulation revive the crypto market or steer it in a completely different direction?🔍
#FOMCMeeting The Federal Open Market Committee (FOMC) is about to determine the fate of interest rates, and the dollar will become like Formula 1 🚗💨! Expectations say they will keep the rate steady, but if they surprise us with a hike of even 25 basis points, the market will shake, and bonds and cryptocurrencies will be affected. Stay ready—if they announce more tightening, you'll see a drop hitting stocks, and if they remain cautious, we will see a recovery in the markets once again. What do you expect they will decide? 🤔💵📈
$BTC The markets today are witnessing strong activity on Bitcoin, with the price currently at $106,710 The trading volume over the past 24 hours has exceeded $18 billion, reflecting a decrease in anxiety and a return of liquidity. Positions in futures contracts (Futures OI) remain high, indicating that institutions are still betting on further upside. The Fear & Greed Index is moving towards 'greed' with the beginning of a bull recovery.
#VietnamCryptoPolicy Vietnam is moving seriously in the crypto world! 🇻🇳 The government announced a clear plan to regulate digital currencies, including the launch of a centralized exchange (CEX) soon, with a special "sandbox" to experiment with DeFi and NFT projects under official supervision. This step could open the door to a safer and more transparent investment environment in the Vietnamese market. Do you expect Vietnam to become a new crypto hub in Asia? 🔍
#MetaplanetBTCPurchase Metaplanet Company gave a lesson in trust in Bitcoin when it revealed its recent purchase of BTC as part of its long-term strategy to secure digital assets and expand its identity in the Web3 world. This step proves that the digital billionaire does not sleep on opportunities, and we would like to know your opinion... How do you see the impact of this purchase on market price and the future of digital assets? 🤔🚀
#TradingMistakes101 The biggest mistake you can make in trading is to enter the market when you're overly excited and forget about planning! Don't enter a trade just because "so-and-so" said so, and don't chase the green candle while forgetting to set a stop loss. If you lose, don't go against the market and chase the loss with another trade, because in that case, you're not trading; you're gambling! Stay aware, the market does not forgive those who act on emotion 🙌
#CryptoFees101 Do you feel like transaction fees in crypto are eating into your profits? Be smarter and trade wisely! First, don’t always rely on the Ethereum network; try cheaper and faster Layer-2 networks. Secondly, choose the right time for your transactions, because peak times = higher fees, so try to operate during quieter times like early morning GMT. Also, don’t forget that there are alternative networks that are faster and cheaper without sacrificing security. In trading, instead of using market orders, use limit orders to save in the long run. Additionally, calculate all the fees that might be deducted from you – from transfers, withdrawals, deposits, and network fees – so you actually know how much profit you’re making. Finally, keep an eye on the promotions offered by the platforms, as many of them provide days without fees or temporary discounts. Simple steps like these make a big difference over time and help you control your costs like a pro!
After the S&P 500 achieved its strongest monthly performance in May in over 30 years, here are the top 6 ETFs being watched by investors this month:
🔹 SHLD – A fund focused on defense technologies 🔹 XLV – Covers the largest healthcare companies 🔹 XLK – Includes tech giants like Apple and Microsoft 🔹 EZU – For European stocks and diversification outside the US market 🔹 NOBL – For companies that increase their dividends annually 🔹 Roundhill Magnificent Seven ETF – Specializing in the "Magnificent Seven" (Big Tech)
✅ May was a month of growth driven by technology ✅ Investors are turning to ETFs that combine growth and safety ✅ The focus is now on artificial intelligence, innovation, and strong dividends
📈 Are you ready to invest wisely this month? Share your opinion!
The market closed down last week, and now it has started to rebound! Don't miss your chance to benefit from this reversal:
1. Identify support and resistance levels 🛡️ – Look for points where the price has previously rebounded before entering any trade.
2. Monitor trading volume 🔍 – An increase in volume during the rebound indicates buyer confidence and strong support.
3. Use Limit Orders 🎯 – To avoid slippage with sudden price increases.
4. Divide your investment 🧩 – Don't put all your capital in at once; enter in tranches to reduce risks.
5. Follow confirmed technical indicators ✔️ – Such as RSI indicating oversold conditions before the rebound, or MACD crossing upwards.
6. Set clear profit targets and stop-loss levels ✍️ – Preserving capital is more important than chasing gains.
7. Capitalize on positive news 🗞️ – Announcing a partnership or protocol update often leads to a temporary rise.
💡 Final tip: A rebound is a good opportunity for profit, but the market does not forgive the greedy. Beware of greed, and take your profits when you reach your targets!
#CryptoSecurity101 🔒 Basics of Cryptocurrency Security Your security in the crypto world is more important than any short-term profits! Here are the most important steps to keep your wallets and money safe:
1. Choose a reliable wallet Hardware wallets like Ledger or Trezor are better for long-term savings.
For small amounts, use a trusted and open-source application wallet.
2. Enable Two-Factor Authentication (2FA)
Use apps like Google Authenticator or Authy instead of text messages.
Do not rely solely on email; phishing attacks are common.
3. Keep your recovery phrases (Seed Phrase) offline
Write them down on paper and store them in a safe place (like a home safe).
Never share them with anyone or any application.
4. Beware of suspicious links and phishing messages
Do not click on links from unofficial sources.
Always verify the website address before entering your information.
5. Set “security levels” for your wallet
Keep daily trading amounts in a hot wallet.
Keep the majority of your assets in a cold wallet.
6. Regularly update software and browsers
Ensure you are on the latest version of your operating system and wallet application.
Vulnerabilities are patched in security updates.
7. Use strong and unique passwords
Consisting of uppercase and lowercase letters, numbers, and symbols.
Do not reuse the same password across multiple sites. 8. Monitor smart networks and gas fees
Trading pairs are the link between two currencies: the base currency and the quote currency. For example, in the pair BTC/USDT, Bitcoin is the base, and Tether is the quote.
Why does it matter to you?
It determines liquidity and speed of order execution
It affects the currencies you can easily access
It determines how profits and losses (PnL) are calculated
Tips for choosing the right pair:
1. Start with major pairs 🔝
BTC/USDT – Most liquid and widely used
ETH/USDT – Second largest trading volume
2. Monitor the price spreads (Spread) 💸
The lower the spread, the more you save on commissions and avoid slippage
3. Try Altcoin pairs 🔍
When you want to diversify, look for promising projects (e.g., ADA/USDT or SOL/USDT)
4. Use a maximum of two pairs for monitoring 👀
So you don’t get distracted and miss opportunities in the market
5. Keep an eye on daily liquidity 📊
High trading volume means faster entry and exit without significant price change
💡 Additional information: You can trade pairs directly between Altcoins (like ETH/BTC) to save on commissions and waiting times, but be cautious of low liquidity.
Invest your time in understanding the pairs before hitting “Buy” or “Sell” to become a smarter and quicker trader! 🚀