One effective way to determine trends in cryptocurrency trading is by looking into technical indicators. All technical indicators are, in fact, mathematical calculations which are taking into account some market events to help traders predict trends and trend reversals. Knowing your trend indicators is a great way to start trading cryptocurrencies. However, sometimes, combining the …
Month: January 2019
RSI (Relative Strength Index) and How to Use it in Trading
When trading cryptocurrencies by using technical analysis, traders use many different indicators, and among the ones that are most important is the Relative Strength Index (RSI). We can say that RSI is a momentum indicator that gives us a clear picture if a cryptocurrency is overbought or oversold. It is depicted as an oscillator below …