**Find and add the RSI indicator:**

Click the "Indicators" button from above the graph. This will open a pop-up box with a search bar. Search for "RSI" and select the relevant indicator. Just clicking the indicator’s name will add it to the chart. 

**Use the RSI indicator to determine overbought and oversold conditions**

The RSI indicator’s easiest use case is to determine when a coin is overbought or oversold. At a base level, this occurs when the RSI reads over 70 (overbought) or under 30 (oversold) on default settings. 

Trade Crypto With The RSI Indicator 

The RSI can be used in trending markets (those that regularly make new support and resistance levels).
After an uptrend, the first time RSI is oversold at 5min, 15min, 1h and 4h are a great opportunity for a trade.

During Trending Markets 

A bullish divergence can be spotted when the RSI is plotting higher lows while a coin's price is making lower lows. Even though the price chart may show the asset is trending downwards, the RSI indicates that bullish momentum is brewing and the trend might flip. A trader may interpret this as a suitable entry point to go long on a cryptocurrency. 

Bullish RSI divergences 

A bearish divergence is exactly the same, except reversed. It can be identified when the RSI's high points fall in succession while the crypto's price continues to hit higher peaks. This indicator tends to suggest an asset is overbought, its momentum is slowing, and a bearish trend may be imminent. This might prompt a trader to go short (or sell) a cryptocurrency, even while it is trending upward in the short term. 

Bearish RSI divergences

As the RSI indicator is a single-point oscillator, it can easily be used to draw trendlines. Trendlines occur when a straight line can be drawn that is touched by the RSI's graph three or more times. The more often the RSI touches the trendline, the stronger the trend. The RSI breaking out of the trendline (by rising above or falling below) can indicate a potential shift in momentum. 

An RSI breakout can sometimes precede a price breakout by days (or even weeks), making it a leading signal that can be used to get ahead of the market. This analysis method is best paired with an RSI duration of 14 periods or higher. However, remember that predictive indicators can be unreliable and that not every trend breakout will result in synonymous price action.

RSI Breakouts

**Some basic rules:**

1- Never trade with all the money you have as there is a big risk of losses and it will be difficult to recover if you lose everything, it is advisable to use a small part of your capital for trading.

2- Trading can be extremely harmful to your emotional state, especially for beginners, so following the rule above is mandatory. Never, I said never stop following the rule above, if you don't follow it everything is lost.

Best crypto trading strategy

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