Relative Strength Index

What is RSI Indicator and how it is used?

The technical indicator RSI (Relative Strength Index) is one of the most popular among traders. It refers to the family of oscillators and was developed by J. Welles Wilder.

RSI is an indicator that has one line and serves to determine the strength of the current trend, as well as possible points of its reversal. RSI compares the absolute value of the growth of the price for a certain period of time with the level of its fall over the same period, the result of the calculations is displayed as a curve on a chart with a range of values from 0 to 100%.

RSI parameters customization

Having developed RSI, J.Wilder recommended using the value 14 as the time period for the calculation. The period can be changed depending on the activity of the market. It should be borne in mind that in the active market the curve of the indicator graph often crosses the levels of 30 and 70%, with most of the intersections being not signals but noise. In this case, to filter out false signals, the period can be increased, for example, to 21. The time period should be shortened if the market, on the contrary, is calm and the indicator signals appear rarely, being simply inefficient. In such situations, for example, you can reduce the length of the period to 7. 9 and 25 RSI are widely distributed also.

If the market is a long time in the region of high RSI values (between 70 and 100), then it is considered overbought. If the market is a long time in the region of low RSI values (between 0 and 30), then it is considered oversold. In both situations, reversal is quite likely.

RSI Signals

Between levels 30 and 70 there is a central zone. To consider the possibility of entry-exit into transactions should not be when the indicator enters the oversold or overbought zones, but when it comes out of them. This factor is explained by the fact that in the case when the indicator enters, for example, in the overbought area, it means that there are a lot of purchases on the market, and accordingly sales will begin in the near future since all who could buy already have bought. The signal appears when the indicator pierces the level 80 from the top down - this is a signal to sell. And, on the contrary, for oversold, only in this case RSI breaks already level 20 from below upwards.

So, simple RSI signals:

  • the signal to sell is when price come out from overbought zone
  • the signal to buy is when price come out from oversold zone

Divergence

By divergence we mean two cases:

  • RSI is growing, and the price is falling or is on the same level
  • RSI is falling, and the price is rising or isn't moving

The discrepancy, in this case, is a strong reversal indicator. And although it does not occur at every turn, it is often met in especially serious turning points. The discrepancy between the RSI curve and the price movement curve with index values above 70 or below 30 is a serious signal, which should not be neglected.

Currency
Timeframe
Timeframe Value
Moving Average Method
CryptoCoinRankings Private Signals
@CryptoCoinRankings
Load more
​​New Signal guys

🏆 Signal PERL/BTC
🏛 Binance
📥 Entry limit: buy around 0.00000748 - 0.00000751
⛔️ StopLoss: 0.00000630
⭐️ Rating 3/5
⚡️ Profit goals: Short term: 0.00000785 Long-term: 0.00000800

WHY?

- Market projection looks good
- Perlin Smashed Record for Most Assets Staked in a Binance

💰 What is Perlin (PERL)?
Perlin describes itself as a leaderless, scalable, PoS smart contract platform that aims to power the future of decentralized technologies and accelerates the transformation of international trade.
Wavelet (Perlin's ledger, a DAG-based probabilistic consensus mechanism) is a highly scalable, PoS smart contract platform that is reportedly able to achieve a throughput of 31,000+ TPS and has 0 to 4 second time to finality. It also has a leaderless proof of stake protocol which does not use committees or delegation.
2019-09-11 11:03
🕵️‍♂️ Insider news
all you need to know today about crypto

📆WEEKLY CRYPTO NEWS UPDATE: 14 SEPT 2019


📌CRYPTO - EVENTS FOR TODAY


🕵️‍♂️ PumaPay (PMA) - Hanoi Meetup
🕵️‍♂️ EDC Blockchain (EDC) - Presentation of Strategy
🕵️‍♂️ #OKB (#OKB) - Accra, Ghana Meetup
🕵️‍♂️ Aeternity (#AE) - Universe One Hackathon


🌍GLOBAL NEWS & INSIDER INFO🤫

🕵️‍♂️ ‘Ripple Cannot Control #XRP Price’ Claims CEO Brad Garlinghouse
🕵️‍♂️ Premier League soccer team will sport Bitcoin logo on jersey
🕵️‍♂️ France will not tax crypto-to-crypto trades; will tax gains converted into ‘traditional’ currency
🕵️‍♂️ Binance US Plans to Begin Onboarding Customers Next Week
🕵️‍♂️ France to block development of Facebook’s Libra, says minister
🕵️‍♂️ Ethereum 2.0 Progress Surprises Dev, Testnet Coming
🕵️‍♂️ Bakkt Warehouse Is Now Active for Bitcoin Futures🔥
🕵️‍♂️ Basic Attention Token Is in ‘Accumulation’ According to Fundamental Indicator
🕵️‍♂️ #ADA Most Likely Bottomed Out, Says Cryptocurrency Analyst
🕵️‍♂️ 100M #XRP Transferred to Former Ripple CTO
🕵️‍♂️ Ethereum’s “Istanbul” Hard Fork Is Being Activated on Testnet in October
🕵️‍♂️ Litecoin Leads Market as Altcoins Surge Against #BTC
🕵️‍♂️ Ripple partners with Pakistan-based Faysal Bank to facilitate cross-border payments
🕵️‍♂️ Vice President of Apple Pay thinks Crypto has interesting long-term potential.
🕵️‍♂️ Ripple Appoints Washington Lawyer to Manage Government Relations
🕵️‍♂️ China’s Crypto Could Become a Global Reserve Currency: Circle CEO
🕵️‍♂️ Tagomi Rollout Paves Way for Institutional Crypto Shorting
🕵️‍♂️ Facebook’s Libra Association Shrugs Off Regulatory Concerns, Prepares Launch for 2020😥
🕵️‍♂️ Binance CEO Calls Sportsbet’s New Bitcoin Sponsorship ‘Smart Move’
🕵️‍♂️ Anders Breivik Fanboy Who Used Bitcoin to Illegally Purchase Handgun on Dark Web Gets Jail Time
🕵️‍♂️ UK Police Arrest Teen for Hacking Unreleased Music to Sell for Crypto
🕵️‍♂️ Research: Blockchain Devices Market Will Be Worth $1.2B in 5 Years
🕵️‍♂️ Germany takes aim at Facebook Libra; plans to block private stablecoins

🏆 Looking for A+ winning signals by our master trader Alberto? Apply for the Elite club here http://cryptocoinrankings.com/elite
🤝 Share the insider news and help out your crypto friends navigate the markets!
2019-09-14 05:26
​​New Signal guys

🏆 Signal DNT/BTC
🏛 Binance
📥 Entry limit: buy around 0.00000074
⛔️ StopLoss: 0.00000062
⭐️ Rating 3/5
⚡️ Profit goals: Short term: 0.00000078 Long-term: 0.00000082

WHY?

- Market projection looks good
- DNT has launched several campaings to boost utility and adoption

💰 What is district0x (DNT)?
District0x Network is a collective of decentralized marketplaces and communities, otherwise known as 'districts'. Districts exist as decentralized autonomous organizations (DAO) on the district0x Network and are built upon d0xINFRAa (standard open source framework comprised of Ethereum smart contracts and front-end libraries). d0xINFRA provides districts with the core functionalities required to operate an online market or community.
2019-09-18 09:28
We will drop to 6k and then fly to the moon! Buy the dip!
2019-09-23 09:03
Facebook is hitting new low- beware!
2019-09-24 06:27
Expect a slow period the new bull run
2019-09-27 07:57
🕵️‍♂️ Insider news
all you need to know today about crypto

📆WEEKLY CRYPTO NEWS UPDATE: 28 SEPT 2019


📌CRYPTO - EVENTS FOR TODAY


🕵️‍♂️ Cardano (#ADA - Cardano 2nd Anniversary
🕵️‍♂️ #DASH (#DASH - #DASH Convention
🕵️‍♂️ #OKB (#OKB - Africa Talks-Osogbo
🕵️‍♂️ WaykiChain (WICC - Singapore Meetup
🕵️‍♂️ Santiment Network Token (SAN - API Maintenance

🌍GLOBAL NEWS & INSIDER INFO🤫

🕵️‍♂️ New Malware Swaps Out Crypto Wallet Addresses as You Type Them 👀
🕵️‍♂️ Bitcoin still outperforming most well-known traditional assets, despite being down by 20%
🕵️‍♂️ Ripple Says #XRP-Based xRapid Could Trigger $10 Trillion Innovation
🕵️‍♂️ Venezuela’s central bank holding Bitcoin is just crazy enough to work
🕵️‍♂️ Bitcoin Is Being Manipulated by Institutional Markets, Data Suggests
🕵️‍♂️ #NEO Becomes a Member of Microsoft's .#NET Foundation
🕵️‍♂️ #ADA is Launched on Binance US – Institutions Could be Holding Crypto Back Intentionally
🕵️‍♂️ France: 25,000 Major Retail Stores to Accept Bitcoin in 2020
🕵️‍♂️ IOTA and Linux Foundation partner for “edge computing” project
🕵️‍♂️ #EOS’ First Hard Fork Successfully Completed
🕵️‍♂️ #EOS Developer Block.one to Create 170 Jobs in Virginia with Its New Headquarters
🕵️‍♂️ IBM Wants to Work With Facebook on Libra
🕵️‍♂️ Iranian Bitcoiners Risk Fines, Jail Time as Government Regulates Mining
🕵️‍♂️ Bitcoin trading on Bakkt breaks a quarter of a million dollars In First Few Hours⚡️⚡️
🕵️‍♂️ VeChain Touts ‘Killer App of Blockchain’
🕵️‍♂️ Ripple Signs Up Major UAE Bank to RippleNet
🕵️‍♂️ Second-Largest German Stock Exchange Launches Regulated Bitcoin Trading Platform
🕵️‍♂️ Global Banking Giant Says #XRP Ledger Is a Potential ‘Game Changer’
🕵️‍♂️ Binance Collaborates With UK Cyber Crime Police to Ensure Customers’ Funds are SAFU
🕵️‍♂️ Ripple Acquires Payment Startup Logos to Build Internet of Value
🕵️‍♂️ Libra Association Talks With EU Regulators Following Opposition
🕵️‍♂️ European Central Bank Investigating Stablecoins and a Possible Digital Euro

🏆 Looking for A+ winning signals by our master trader Alberto? Apply for the Elite club here http://cryptocoinrankings.com/elite
🤝 Share the insider news and help out your crypto friends navigate the markets!
2019-09-28 02:00
​​🕵️‍♂️ Insider news
all you need to know today about crypto

📆WEEKLY CRYPTO NEWS UPDATE: 05 OCT 2019


📌CRYPTO - EVENTS FOR TODAY



🕵️‍♂️ Binance Coin (BNB) & OTHERS - Game Oasis Hackathon
🕵️‍♂️ Ontology (ONT) - Unblock Tokyo
🕵️‍♂️ Bitcoin Fast (BTCF) - First Developer Update
🕵️‍♂️ Utrum (OOT) - Crypto Rankings Launch
🕵️‍♂️ Energi (NRG) - Earndrop Portal Closes


🌍GLOBAL NEWS & INSIDER INFO🤫

🕵️‍♂️ Coinbase CEO: US Should Reconsider Ridiculous Stance on Libra as Project Partners Jump Ship
🕵️‍♂️ Libra Association reveals participation of 1500 enthusiastic entities after PayPal exits project
🕵️‍♂️ EU Finance Ministers To Push G20 Response On Facebook’s Libra
🕵️‍♂️ Bitcoin Indicator Flashes Buy for First Time Since $3,150 Bottom👏
🕵️‍♂️ Æternity Blockchain Brings ‘Liquid Democracy’ to Uruguay
🕵️‍♂️ Coinbase is in talks to acquire a peer-to-peer rental startup – report
🕵️‍♂️ Walmart Uses Blockchain Tech to Track Shrimp Supply Chains
🕵️‍♂️ China Fears Libra And Bitcoin, Wants Controlled Crypto Roll Out Claims Top NYC Corporate Attorney
🕵️‍♂️ PayPal Ditches Facebook and Pulls Out of the Libra Association😮
🕵️‍♂️ Jack Dorsey Looking for a Designer to Give Bitcoin a New Face
🕵️‍♂️ Anthony Pompliano Says The US Government Will One Day Adopt Bitcoin As A National Currency
🕵️‍♂️ CoinAlts Fund Symposium 2019: The Block Interview Series
🕵️‍♂️ Malware Costing Just $160 Attempts Crypto Theft from 72,000 Devices
🕵️‍♂️ Japanese Messenger Line, Nomura Holdings Form Blockchain Alliance
🕵️‍♂️ Hacker Returns Ethereum Domains Lost in Bug Exploit
🕵️‍♂️ Facebook’s Libra, other stablecoins may disrupt financial stability, claims FSB’s Vice Chair
🕵️‍♂️ U.K. Financial Watchdog Mulls Banning Cryptocurrency-Derivative Products
🕵️‍♂️ Report: Venezuelans will ‘soon’ be able to make crypto payments
🕵️‍♂️ Ripple acquires Icelandic crypto trading company Algrim
🕵️‍♂️ New Balance to Use Cardano Technology to Fight Counterfeits


🏆 Looking for A+ winning signals by our master trader Alberto? Apply for the Elite club here http://cryptocoinrankings.com/elite
🤝 Share the insider news and help out your crypto friends navigate the markets!
2019-10-05 05:09
New cycle is up
2019-10-09 03:52
Zcode is giving out new iPhone 11. Reach us at techsupport@zcodesystem.com to find out how to win it
2019-10-09 10:26
X
Hey!
Subscribe to us in Telegram
Here only the most impotant
Data Saved Successfully