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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3468155 Views)
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Re: Crypto Currency Investors Thread by Evaloyal2J(f): 8:49pm On Jul 11, 2023 |
twosquare:please, I beg of you, can you throw light on this rsi? How can one know when it's over bought and when it under valued? I would really appreciate. Thanks 1 Like |
Re: Crypto Currency Investors Thread by lalalista: 9:08pm On Jul 11, 2023 |
lordaustin:where can it be found? |
Re: Crypto Currency Investors Thread by twosquare(m): 9:21pm On Jul 11, 2023 |
This is the basic. The Relative Strength Index (RSI) is to help you identify potential entry points in the market. You can select it in the indicator. Basically, it is from 0 to 100. So, 70 is considered overbought and readings below 30 considered oversold.... there are some readings that can show 2, 3, (meaning lowest of the lows). So, if it is for daily trading, it is better you set it to 2 (days) rather than the default 14 to have a more on-time and closer reading. You can see the chart lines up and down. This will help you see a pattern, for the Low (L), and High (H) (as it is in uniform with the candlesticks). You can also see the timing of highs and lows...ensure you set your time to UTC +1 Lagos. When the line nosedive, it signals that it may be the good time to get in. Pointing to the top means there is an upward trajectory. Finally, pay attention to divergences between the price and the RSI. Bullish divergence occurs when the price makes lower lows while the RSI makes higher lows, suggesting a potential trend reversal and a possible entry point for a buy trade. While bearish divergence occurs when the price makes higher highs while the RSI makes lower highs, indicating a potential trend reversal and a possible entry point for a sell trade. Always compare with historical data too. This is just a piece of the puzzle, as it is used with other technical analysis... Evaloyal2J: 5 Likes |
Re: Crypto Currency Investors Thread by Evaloyal2J(f): 9:32pm On Jul 11, 2023 |
twosquare:Thanks a million. For taking your time to explain this am grateful. Am going to read this over and over again to digest this puzzle truly. |
Re: Crypto Currency Investors Thread by twosquare(m): 9:38pm On Jul 11, 2023 |
You're welcome. You need to activate it on your trading chart to see what I explained briefly. Then you can observe and compare. Basics are easy to get. Evaloyal2J: |
Re: Crypto Currency Investors Thread by MN07: 10:25pm On Jul 11, 2023 |
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Re: Crypto Currency Investors Thread by LincolnOnyeabor: 11:00pm On Jul 11, 2023 |
As Promised, Here's the Video showing Everything Step by Step for those using Mobile. *Could have been shorter but this shows all the steps in detail* Kindly Watch, Like, Subscribe, and Share to your socials. Thanks very much Engineer Abimbola! ๐๐๐๐๐๐ https://www.youtube.com/watch?v=Cas393Uk24s |
Re: Crypto Currency Investors Thread by seunmsg(m): 11:03pm On Jul 11, 2023 |
lordaustin: You must be richer than Elon Musk by now ๐. 7 Likes |
Re: Crypto Currency Investors Thread by LincolnOnyeabor: 11:09pm On Jul 11, 2023 |
seunmsg: No mind the Werey boss. 1 Like |
Re: Crypto Currency Investors Thread by lordaustin(m): 1:19am On Jul 12, 2023 |
lalalista: Read the post that was quoted with the signal. You can check Bee Exchange. Link to the exchange is on my signature. |
Re: Crypto Currency Investors Thread by seankafor(m): 2:54am On Jul 12, 2023 |
lordaustin:Fรบck off ๐ด you fรบckin scammer 2 Likes |
Re: Crypto Currency Investors Thread by MessiahOfAfrica(m): 5:47am On Jul 12, 2023 |
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Re: Crypto Currency Investors Thread by Veenbanks(m): 6:02am On Jul 12, 2023 |
In trading, it's the patience to wait for the right one that shows you know your onion. Every day, the market lays out opportunities. To be honest, Itโs a greedy man's dream. But here's a shocker, trying out on every single opportunity is a fast track ticket to sapa raise to power 2. Guess what? The market isn't going anywhere. It's not a rabbit you're trying to catch. It's a rhythm you're trying to dance to, and the best dancers? They move and grind with the music, not against it. So take your time. Focus on your trading plans. Engrave this in the back of your mind; "Be patient." Good morning my gallant traders. More pips to our take profits.๐ Love and Gratitude.๐ 5 Likes |
Re: Crypto Currency Investors Thread by twosquare(m): 8:38am On Jul 12, 2023 |
Good morning. More volatility expected today as CPI inflation data comes in . It may rise or fall depending on the data coming in. The market may rise for a bull trap before the dump...anything 11am and above, expect anything. So, if you can't take it ,stay out of the market. News will come out at 1:30 pm today. Expect insiders to act before then. 1 Like |
Re: Crypto Currency Investors Thread by JapaToDNext: 8:45am On Jul 12, 2023 |
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Re: Crypto Currency Investors Thread by twosquare(m): 8:50am On Jul 12, 2023 |
If CPI is 3.2% from the previous 4%, then expect green and a pump. You can go short and long on some assets. Set your stop loss. Win-Win 2 Likes 1 Share |
Re: Crypto Currency Investors Thread by Evaloyal2J(f): 10:14am On Jul 12, 2023 |
twosquare:thanks. Let me see if I can activate it on mexc |
Re: Crypto Currency Investors Thread by emperornoble: 10:21am On Jul 12, 2023 |
twosquare:I think the CPI this month will be higher than forecast 1 Like 1 Share |
Re: Crypto Currency Investors Thread by Robnectar(m): 10:30am On Jul 12, 2023 |
emperornoble: Been pondering about that also, all hands on deck though ๐ค๐ค๐ค๐ค |
Re: Crypto Currency Investors Thread by lordaustin(m): 10:36am On Jul 12, 2023 |
seankafor: Thanks. No one needs to prove anything to you. But just do you know, scammers don't give people money and men, people are cashing out. If that is what you call scam, then I'd gladly want to be scammed over and over again. |
Re: Crypto Currency Investors Thread by myonekobosay: 10:41am On Jul 12, 2023 |
any one have an idea of how i can convert the balance in my Naira account to usd for onward transfer to my usd domiciliary account? |
Re: Crypto Currency Investors Thread by twosquare(m): 10:44am On Jul 12, 2023 |
Sure...JP MOrgan has always missed it... emperornoble: |
Re: Crypto Currency Investors Thread by lordaustin(m): 10:47am On Jul 12, 2023 |
lordaustin: If you don't work on your goals to achieve your dream; your dream becomes a wish. Beautiful Morning traders. First Trading Signal for today July 12, 2023 Buy STU At exactly 12:57pm; Sell at exactly 13:08pm Spot trading. |
Re: Crypto Currency Investors Thread by Hotice085: 11:11am On Jul 12, 2023 |
LikeAking:. Wetin be crypto babies and crypto papas, if you wanna yarn make you yarn All dis talk of I be crypto baba you be crypto pikin, na rubbish. Crypto de slay anybody at anytime, babies or papa 6 Likes |
Re: Crypto Currency Investors Thread by Nobody: 11:51am On Jul 12, 2023 |
Icecream4U:what App is these screenshot |
Re: Crypto Currency Investors Thread by NikeMi1(f): 12:28pm On Jul 12, 2023 |
Truth ooo, crypto fit humble anybody ...some people just wanna prove that they are better than everyone.. Hotice085: 4 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 12:51pm On Jul 12, 2023 |
emperornoble: I don't think so... For those who may be wondering what's going on, the fed rate hike determines the CPI (inflation) outcome. The fed increases rate to tackle the inflation, so they believe increase in rate will force inflation to decrease, and as well influence the employment rate. So all these affect all markets, both traditional and digital alike. I think we got less than an hour thereabouts to find out our fate. I expect 3.+ |
Re: Crypto Currency Investors Thread by Chikacha: 1:01pm On Jul 12, 2023 |
lordaustin: Who wants you to prove anything? Most people you met here have had the worst of worst experiences and as you can confirm, wont fall for your precise calls. Such people have taken such losses that they would never fall for a petty scam... We can agree they are ready to blow in the next bull market. However, we just need to keep flagging your posts as scam, so newbies who have ears would avoid you and the likes of you by all means. We have seen worst in all shapes, sizes, and dimensions, we know the best. And we know that you know we know. Na here we dey. 12 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 1:34pm On Jul 12, 2023 |
GRACEGLORY: ๐๐๐ 2 Likes
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Re: Crypto Currency Investors Thread by LikeAking: 2:03pm On Jul 12, 2023 |
Hotice085: Abeg stay out of this, e gt the people I they send the message to... |
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