____  ___    _  _     _   _ _____     _______
 / ___|/ _ \  | || |   | | | |_ _\ \   / / ____|
| |  _| | | | | || |_  | |_| || | \ \ / /|  _|
| |_| | |_| | |__   _| |  _  || |  \ V / | |___
 \____|\___/     |_|   |_| |_|___|  \_/  |_____|

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Simple but smart RSI trading

BY: @stefane | CREATED: Nov. 18, 2018, 2:59 p.m. | VOTES: 0 | PAYOUT: $0.00 | [ VOTE ]

When to do LONG (BUY) or SHORT (SELL)? with only RSI and price

Example of divergence:
Higher High Price action with Lower High RSI then you can see a correction of the price soon.

Lower lows on price with Higher lows RSI you can see a jump up in the price.

Nice cheat sheet I found
[IMAGE: https://cdn.steemitimages.com/DQmQXMS4r6EkorVSBXrVLzVcYkQZ1AtZ4NvUHgB8SKf8dAN/RSI.jpg]

TAGS: [ #rsi ] [ #bitcoin ] [ #stocks ] [ #technical ] [ #analysis ]

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