— we’ll explain what it is, why it’s important, and how you can use it to earn money, or at least sound smart to your friends.
RSI is a tool that shows how fast and how much the price of an asset is changing. It gives you a number between 0 and 100:
○ Below 30: The asset might be oversold, meaning it could be a good time to buy.
○ Above 70: The asset might be overbought, which could be a sign to sell.
In short, RSI helps you figure out whether the market is too hot or too cold — perfect for timing your moves! 🍿
#Debate2024 #KausarAyan #Write2Earn!
Let’s dive into the Relative Strength Index (RSI)
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