Crypto RSI Tutorial | Relative Strength Index in Crypto Trend Trading

How to use RSI indicator (Relative Strength Index) with CryptoCurrency Technical Analysis.

Coingy Charts for Cryptocurrency Trading: https://www.coinigy.com/?r=ccfe00b2

While the RSI can identify potentially overbought or oversold conditions in cryptocurrency trading – the price divergence from the Relative Strength Index is a critical tool for spotting bottom formations and top formations.

How to trade cryptocurrency with the RSI

How To Use Relative Strength Index (RSI) | Crypto Trend Trading Tips
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Risk Disclaimer

There is considerable risk in bitcoin, altcoin or world market trading, and may not be suitable for all investors. Any trading involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of any financial market. Speculative investments may also be susceptible to sharp rises and falls as the relevant market values fluctuate. Leveraged trading can have a proportional effect on your trading account balance. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment, or more.

Hypothetical Results Disclaimer

Some trading commentary is based on hypothetical performance results that have certain inherent limitations and may not represent actual trading. Past performance does not predict future results. Predictions do not include the impact of market liquidity and no representation is being made that any account will or is likely to achieve profits or losses similar to those being shown. Forward looking statements include words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and are based on this author’s current expectations and assumptions regarding the market in question and actual results may vary significantly from those expressed or implied.

Before deciding to trade in any market you should carefully consider your investment objectives, level of experience, and risk appetite. You should not invest money that you cannot afford to lose. Seek advice from a certified independent financial adviser if you have any doubts.

7 thoughts on “Crypto RSI Tutorial | Relative Strength Index in Crypto Trend Trading”

    1. RSI is just part of a complete trading plan. Never use just one indicator to base your trades. The accuracy depends on changing factors and different time frames for every market so it's hard to give a percentage. It is one of the most popular indicators because of how often it works but it's always important to have your risk control rules ready – always have a safety plan the unexpected and the unexpectable!

  1. Great video! Can you check out zinc they are creating a decentralised hiring platform like a decentralised linkedin they recently went live with main net and you can test it out on their website. Booking.Com was one of the customers beta testing their project.

    1. +IntroToCryptos No currently only on kucoin and some smaller decentralised exchanges. It's a really low cap coin but has had lots of positive price action over the past couple of weeks and one of the key team members has just become a forbes contributor. They've also got a vote on what to do with unsold tokens from the ico which is likely to result in a token burn

  2. I’d not seen that pattern before – I need to backtest this a lot as if I can automate it some, it might help me avoid some of the major drop offs, or help me take advantage of some booms. This might be hard to automate though, but would be easy to manually kick off through Trading View as an alert

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