[Read me]

[This is not financial/investment advice.]

In this video I cover the Relative Strength Index indicator in excruciating detail.

The RSI is a popular indicator and can supplement your analysis when trading Bitcoin and other cryptocurrencies.

Link to slides used:

https://docs.google.com/presentation/d/1GTJ443eQbfZnhILHz3sanxhRDYyBg0oaDRkagTqWnZg/edit?usp=sharing

Link to my other lessons:

https://docs.google.com/document/d/15c3rN15rkXldY8Te3GDG4NG7noaaoikydOoZQlElwXw/edit?usp=sharing

Link to my Twitter:

Link to my Telegram channel:

https://t.me/cryptocredTA

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44 COMMENTS

  1. Question! At 45:05, it looks like the same failure swing setup happens from July 10-12 but the price doesn't appear to reverse on that one. What differentiates that setup from the successful one? Volume? Oscillator values aren't extreme enough?

  2. Question… When measuring the divergence does it matter where you measure the trend line? I see some people place the trend line on top of the apex on the RSI, some people put it below the bottom of the RSI. Im thinking it depends of you're measuring a bullish or bearish divergence but im not certain.

  3. Shouldn't all RSI divergences be measured within a 14 day period since that is the number of candles that the RSI measures?

    Hence, if there is a divergence within a period of over 14 candles, especially 30 or more as was shown by one of your members in the video, then shouldn't that be invalid?

  4. My friend Chris introduced me to your series, I'm glad to have been given the opportunity to learn so much about Technical Analysis. We've both agreed to tip you as soon as we get into a comfy position in the game. For the amount of time we can imagine you've put into these videos its the least we can do. Keep up the good work Cred 🙂

  5. A few people recommended your videos to me. It's a lot to take in & I'm only on the first, but thanks for the depth of detail. Playing around with a chart on trading view now to see if I can understand half of what you were talking about.

  6. Watching your examples we can notice that if u simply go blindly long when it goes up passing 30 and go short when passing down 70 you make easy money in those examples. Is it really that ez?
    The real question: did you arbitrarily look for pieces of charts where these specific analysis are being well accomplished? And if you did, how hard was it to find examples of RSI working so well as indicators to trade?
    Anyway, thank you in advance for the good information

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