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The RSI indicator can be used to analyze a trend and thus you can create trendlines. A trendline is a straight line that is touched 2 times or more. More. The Relative Strength Index (RSI) is a versatile technical indicator that can help crypto traders capture both short-term and swing trading opportunities. The Relative Strength Index or RSI is one of the most common indicators in Technical Analysis, or TA for short. In traditional stocks and cryptocurrencies.

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The relative strength index RSI is a momentum indicator used in technical analysis. These two indicators are often used together to provide analysts with a more complete technical picture of a market. Welles Wilder Jr. The opposite is true for a downtrend. The resulting numerical scale indicates the value of a coin or token, with values above 70 considered overbought and values below 30 deemed oversold.