RSI (Relative Strength Index)
RSI is a momentum indicator that measures how fast price is moving on a scale from 0 to 100. It helps you spot when an asset might be overbought (above 70) or oversold (below 30).
Understanding the Concept
You can't trade on vibes alone. RSI gives you actual numbers to back up what you're seeing on the chart. When Bitcoin's been pumping for days straight and RSI hits 85, that's your signal to be cautious—not FOMO in at the top. It's not perfect (nothing is), but it keeps you from chasing moves that are running out of steam. Most traders combine RSI with other indicators because relying on just one metric is how you get rekt.
Real-World Example
Say Ethereum's RSI drops to 25 after a brutal selloff. Historically, that's oversold territory. Smart traders start watching for a bounce rather than panic selling with everyone else. When RSI climbs back above 30, that's often your confirmation that sellers are exhausted.
How Strykr Helps
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