RSI Cheat Sheet
RSI below 30 = Oversold
- Sometimes the real dump is just beginning
- Sometimes the price moved down enough and ready to bounce
RSI above 70 = Overbought
- Sometimes the real pump is just beginning
- Sometimes the price moved up enough and ready for a correction
Bullish Divergence
When price makes lower lows but RSI makes higher lows. Usually signs that a bullish reversal is nearby (not imminent, but nearby)
Bullish Divergence
When price makes higher highs but RSI makes lower highs. Usually signs that a bearish reversal is nearby (not imminent, but nearby)
Trading RSI Breakout
If the RSI breaks its trendline in the same manner as the price, it can be used as extra confirmation for yout breakout trading strategy
1/ The @MANTRA_Chain Foundation asserts that it was completely unrelated to the recent sell-off of $OM tokens, yet we suspect them of engaging in a market manipulative collusion, and the sell-off was caused by a small 'betrayal' by a group member.
Here's our investigation.
🚨 Did the Fed Just Trigger a Bull Run? Here’s Why I’m Still Cautious 🚨
Markets are pumped after the Fed slowed QT, with many calling this the start of "up only" season.
But don’t be fooled, this is NOT the liquidity pivot we need for altcoins to run.
Here’s what really happened and what’s coming next🧵👇
Kurangnya literasi keuangan akan membuat kalian miskin. Kok bisa? Saya saksi hidup..
- Orang tua saya dulu saat jaya, high earner. Penghasilan puluhan juta perbulan udah biasa (puluhan juta, net dijaman dulu udah besar banget)
- Tapi saya tau banget, tiap punya uang selalu dipakai konsumtif. Belanja besar.. kalau ke mall, dulu pulang bagasi mobil selalu penuh. Liburan keluar negeri, Jadi donatur keluarga dan banyak orang, beli mobil baru tiap taun, dll.
- Aset? ga ada.
- Saya juga diajarin dr kecil tiap dapet angpao, selalu diabisin di toko mainan.
- Waktu kerjaan ada shifting... panik, terus hutang.. tapi fundamental usaha ga diubah. Sekarang no money + hutang. Rumah hampir disita.
- One day, kita survive... diulang lagi. Bangkrut lagi.
My life is really a roller coaster 😆
Dan saya pun bertanya-tanya, usaha orang tua saya bagus, tapi kenapa kita bangkrut berkali-kali?