RSI Cheat Sheet: The Secret Weapon for Predicting Price Reversals "
Are you tired of missing out on trend reversals or failing to understand momentum? 🤯 RSI (Relative Strength Index) can give you the edge you need to predict market moves with precision. 🚀 Here's the ULTIMATE RSI Cheat Sheet you need to MASTER right now! 🔍👇
1️⃣ Overbought/Oversold Zones 🚦
Overbought:
RSI above 70. 📈
Market may be "overpriced" and due for a pullback.
Tip: Combine with bearish candlestick patterns for confirmation.
Oversold:
RSI below 30. 📉
Indicates market is "oversold" and primed for a bounce.
Pro Move: Look for bullish divergence to catch a trend reversal early.
2️⃣ Divergences – The Golden Signals 🏆
Bullish Divergence 🔥:
Price makes lower lows 📉, but RSI makes higher lows.
Signals weakening downward momentum and potential reversal.
Bearish Divergence ⚠️:
Price makes higher highs 📈, but RSI makes lower highs.
Indicates buyers are losing strength—watch for trend reversal.#BTC