What’s RSI All About?

The RSI is a momentum-based oscillator that captures the speed and change of price movements. It operates on a scale of 0 to 100, and if you know how to read it, it’s like having X-ray vision into the market’s moods. The best part? It’s super easy to use — slap it on any chart, any time frame and let it do its thing.

The Numbers

Above 70: Overbought alert! If the RSI shows a reading above 70, the trading instrument may have been partying a little too hard. Anywhere above 70 means that it’s flashing “overbought” – like a sugar rush that’s about to crash. Traders who follow the RSI usually interpret this as a signal to sell and move out of the asset before the line reverses course and dives back under the high-water mark. Sometimes, however, the price keeps climbing well above 70.

Below 30: Now we’re in “oversold” territory – it’s like spotting a hidden gem in a bargain bin. When RSI drops below 30, the market’s saying, “This thing’s been beaten down, but maybe – just maybe – it’s time for a comeback.” Keep in mind that sometimes the dip may keep dipping.

How It’s Calculated

RSI is all about relative strength — it compares the magnitude of recent gains to recent losses. Picture a tug-of-war between bulls and bears. The RSI score tells you who’s winning the battle right now, but also hints at who might be running out of strength.

Trading with RSI

Overbought? Maybe Sell (obligatory DYOR). When RSI hits 70 and above, you might be looking at a market running out of fuel. You may start thinking about trimming your position, or at least keep an eye out for a reversal. After all, what goes up must come down (except maybe Bitcoin BTCUSD?)

Oversold? Maybe Buy (obligatory DYOR). If the RSI drops to 30 and below, it could be a signal to start looking for a buying opportunity. The market is going through a meltdown and sometimes that’s your cue to go bargain hunting and snap up some discounted assets. Just make sure that your stock or crypto of choice isn’t falling for a specific reason — no indicator can save you from an actual rug pull.

The Sweet Spot — Divergences: Ever notice when the RSI and price action don’t agree? That’s called a divergence, and it’s like catching the market in a lie. If the price is making new highs but the RSI isn’t, or vice versa, it’s a clue that something fishy’s going on and you may want to be on the lookout for a sur-price reversal.

Bonus Tip: RSI in Different Timeframes

Wanna get fancy and earn some bragging rights? Use RSI across different timeframes. A stock might be oversold on the daily but overbought on the weekly. By spotting the trend across different time frames, you can pick your desired time frame to trade in and follow closely. The higher the time frame, the longer the time horizon for the move to actually pan out.
So, there you have it – the RSI. It’s not a crystal ball, but it’s pretty close.
#RSI #EDUCATIONL_POST #BinanceSquareFamily

Leading Telegram crypto game Hamster Kombat is gearing up for its token launch on Thursday, and over the weekend, the developers told players how many tokens they’ll be able to claim. But there’s a twist.
According to a tweet from the Hamster Kombat team, players won’t be able to claim their entire HMSTR token allocation on day one. Instead, they can claim 88.75% of the allotment, with the remaining 11.25% of tokens forced to vest for 10 months before it can be claimed—in July 2025, presumably.
This detail had not previously been communicated to players, and it’s one of many reasons why some players aren’t happy with their airdrop allocations. Granted, we won’t know the value of the HMSTR token—which will be minted on The Open Network(TON)—until it’s trading on September 26, but players are still grumbling across social media.
It’s a similar case to what happened with Catizen’s airdrop last week. In addition to the unexpected vesting in this case, players are complaining about the weight given to various factors in the airdrop allocation, including apparently substantial emphasis given to friend referrals, as well as earning keys—a relatively late addition to Hamster Kombat.
Interestingly, Hamster Kombat’s team also revealed that of the 300 million players who have played the Telegram game to date, only about 129 million of them are ultimately eligible for the drop. A total of 131 million players initially made the cut, the team said, with about 2.3 million more users then “banned as cheaters.
#BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #OMC

1. Volatility: The price of Hamster Kombat has shown significant volatility. For example, it soared to a high of $0.814 and then dropped to $0.047 within a few months. This level of fluctuation can be risky for investors looking for stable investments【22†source】.
2. Anonymous Team: The development team behind Hamster Kombat is largely anonymous. This lack of transparency can be a red flag for investors, as it raises concerns about the project's credibility and potential risks, including the chance of it being a scam【23†source】.
3. High Risk: Given the anonymous team and the nature of the project being integrated into a game, there is a higher risk involved. Many crypto projects with similar profiles have been prone to pump-and-dump schemes, where the value of the token is artificially inflated before being rapidly sold off by early investors.
4. Limited Information: Since the project is relatively new and emerging, there is limited information available about its long-term roadmap, use cases, and future developments. This can make it difficult for potential investors to make informed decisions.
5. Dependency on Game Success: The token's value is closely tied to the game's success. If the game fails to maintain or grow its player base, the value of the token could decrease, making it less attractive as an investment.
6. Market Saturation: The market for play-to-earn crypto games is becoming saturated. With many projects competing for attention, there is no guarantee that Hamster Kombat will stand out or sustain its initial hype
#Token2049 #OMC #BinanceLaunchpoolHMSTR #NeiroOnBinance #BinanceLaunchpoolCATI