samarithliz

Using Relative Strength Index in crypto BNBUSDT

BINANCE:BNBUSDT   Binance Coin / TetherUS
In this chart I use the RSI (Relative Strength Index), as an indicator of crypto overselling or overbuying. It’s a indicator used in technical analysis.

In general, it helps to establish if the tittle has buying or selling pressure over the trading period. On the charts, trending line is between the upper and lower line. When the trend line cross them, it indicates overselling (lower) or overbought (upper).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.