Trading is never easy in the crypto market because it needs many years of learning and experience until you get some knowledge how to trade.
But thanks to technology which bring many indicators where now we can take 50% help from idicators.
Not all indicators are valid and accurate but there are some and among them is RSI indicator which gives accurate signals for buying and selling.
That is why in this post I will discuss about RSI indicator and how to use this indicator in your trades.
RSI or relative strength index is an indicator which is based on numbers. I recommend to trade with BTC/USDT which is not more volatile as other crypto coins and also RSI comes fit with this pair.
Whenever you want to open trade take the help of RSI. When you see RSI at 30 or below 30, start buying with levels.
As the RSI reaches 60 or above 60, start selling with levels. This is the simple logic about this indicator and will help you book profits.
Also keep in mind that RSI works more with high time frames such as 4H, 1D and 1 week.
THANK YOU!
