Ultimate RSI Secrets featuring Bitcoin Cardano

Описание: #RSI #BTC #Cardano #Tesla #Microstrategy #Baidu #Snowflake #Invitae #Illumina #Galaxy #ADA
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0:00 Introduction
0:30 Does TA Predict the Future?
1:08 Relative Strength Index (RSI) is used to assess price momentum - Measures how quickly traders are bidding up / down the price of a security
1:23 Microstrategy RSI Basics Over 70 = overbought (expensive) Under 30 = oversold (good value)
3:15 Know Your Trend Lines - Play Effectively
3:40 RSI - Uptrends vs Downtrends During a downtrend or bear market the RSI tends to stay between the 10 to 60 range with the 50-60 zone acting as Resistance. Uptrend or bull market, the RSI tends to remain in the 40 to 90 range with the 40-50 zone acting as Support.
5:00 RSI Fake Outs Strong upward trends can last for months Strong downward trends can last for weeks or months also Note Assets fall faster than rise
6:00 Divergence Types - Price makes higher high and RSI makes lower high, Downtrend lower highs and lower lows, Higher low on RSI and lower low on divergence, Dynamic trend line - when it breaks the line then you know it is breaking down REM Only consider SHORT after it breaks thru SUPPORT!
7:00 How to Execute Divergence When an asset breaks through resistance - it is a Bullish sign When an asset breaks through support - it is a Bearish sign - Map Trend Lines for Asset and RSI.
7:20 SHOPIFY Bullish Divergence - SHOP @ $1,106
8:30 Cardano ADA Bearish Divergence - ADA @ $1.13
9:30 Example Charting Tools TradingView TC2000
9:45 Let's analyze some RSI Charts - BTC SNOW BIDU GLXY ILMN MSTR TSLA SHOP ADA NVTA
9:50 Bitcoin BTC
12:00 Snowflake SNOW
13:00 Baidu BIDU
14:00 Galaxy Digital GLXY
15:20 Illumina ILMN
17:00 Microstrategy MSTR
20:00 Tesla TSLA
21:00 Shopify SHOP
22:00 Cardano ADA
23:00 Invitae NVTA
24:00 Conclusion Pros and Cons Killer tool for trending markets ALWAYS use trend lines Additional power tools are MA’s and MACD BEWARE: It is a lagging indicator DON’T EVER JUST TRADE ON RSI
24:10 Coming Soon: RSI and MACD