RSI Bitcoin Indicator Strategy Summary

Summary of RSI cryptocurrency indicator:

The RSI cryptocurrency indicator is one of the most widely and commonly used crypto indicators available. RSI cryptocurrency indicator is a momentum oscillator with some bitcoin trend following characteristics.

RSI is one of the most popular crypto indicators used in cryptocurrency trading technical analysis and it used to generate cryptocurrency signals using crossover trading strategy.

RSI cryptocurrency indicator plots the divergence and convergence of crypto charts patterns. The RSI is constructed using chart btcusd price movements. The RSI cryptocurrency indicator is used to determine if:

The cryptocurrency prices are closing lower than where they opened - RSI cryptocurrency indicator below 50 center line mark or

The cryptocurrency prices are closing higher than where they opened - RSI cryptocurrency indicator above 50 center line mark

RSI Cryptocurrency Indicator Trading Strategies