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Price Indicators RSI



Price Indicators as shared by TradeKoto
  • Trend: Moving averages
  • Volatility: Bollinger bands
  • Momentum: Relative Strength Index

RSI
  • more than 70 value= overbrought or overvalued; 
    • there will be corrective pullback, to the downside
    • selling signal
  • less than 30 = oversold or undervalued; 
    • there will be corrective price reversal to upside
    • buying signal
  • take note of the 50 level, if line cross above the mark then it will be uptrend
  • the RSI line crosses down from the 50 level mark, its downtrend

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