Hacking RSI - How to Use It
Every trader has their secrets. For some, it’s the metrics they use to spot and evaluate potential trades.
For others, it’s the platforms they use to test and execute their ideas.
For me it’s all of the above. My trading is based on a range of different tools and techniques that I’ve
picked and perfected over the years, and I’m always working to expand that toolkit.
But you probably already knew that. Still, there is one trading tool that is by far my favorite and one that I use on every single trade I make, crypto or not.
I’m talking about RSI analysis. Never heard of it? It’s one of the most powerful trade analysis techniques available to traders today, helping you determine when to enter trades, when to exit trades, how to spot trends, reversals and more.
The Relative Strength Index (RSI) was developed by J. Welles Wilder and is known as “a momentum oscillator that measures the speed and change of price movements.”
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