Hi Dear Traders !
My prime aim is to share my experiences on Binance and most importantly to help the small investors in increasing their assets and decrease the probability of losses.
Today I will discuss with the new traders an Indicator which in most of the situations helps in creating trades. This question normally arise in the minds of new traders that “ When should we make a trade seeing the graph”.
The indicator is “ #RSI ” indicator. The new traders must on priority activate RSI indicator in the chart.
They must invest when the value of RSI indicator is 35 or less then 35.
New traders must not invest when the value of RSI indicator is more than 35 up to 100.
Let me show RSI indicator on the #BTC1D chart.
Here the market has gone upwards so the Value is 68 .When the candle touches the Purple line the Value of RSI will also fall. RSI indicator works best in Bearish Market.
I hope it will help.
Thank You