twosquare:
Lol...check the RSI, it can give you a clue of the selling or purchasing strength. You may have entered when it was mid and not at the lowest. The moving average is sometimes helpful. Other is given to chance...there are some coins I hate and may be difficult to predict especially when it is $100, 200, 300....

It is an issue of sometimes underestimating how low they can go.

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

lordaustin:


Yeah.

where can it be found?

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:
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

twosquare:
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...

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.

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:
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.

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lordaustin:



Massive!!!

You must be richer than Elon Musk by now 😂.

seunmsg:


You must be richer than Elon Musk by now 😂.

No mind the Werey boss.

lalalista:
where can it be found?

Read the post that was quoted with the signal.

You can check Bee Exchange. Link to the exchange is on my signature.

lordaustin:


Read the post that was quoted with the signal.

You can check Bee Exchange. Link to the exchange is on my signature.

Fúck off 📴 you fúckin scammer

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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, It’s 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.👏

Love and Gratitude.🙌

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.

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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

twosquare:
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.

thanks. Let me see if I can activate it on mexc

twosquare:
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

I think the CPI this month will be higher than forecast

emperornoble:

I think the CPI this month will be higher than forecast

Been pondering about that also, all hands on deck though 🤔🤔🤔🤔

seankafor:
Fúck off 📴 you fúckin scammer

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.

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?

Sure...JP MOrgan has always missed it...

emperornoble:

I think the CPI this month will be higher than forecast

lordaustin:
Hello fellas,

I trust we are all doing good and trades have been going on well.

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Beautiful Morning traders.




First Trading Signal for today July 12, 2023

Buy STU

At exactly 12:57pm;
Sell at exactly 13:08pm

Spot trading.

LikeAking:
Be patient, alts are lickly to pump, b4 anything bad will happen..

Some body from a very low life family @ doyin01 go open insalt me for making a similar forcast last week.

And many of you joined her...

You tot the market will collapse abi?

Not now..


We now know who be the fool.

Some of you are crypto babies forming adults..

.


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

Icecream4U:

Be careful with $APE

what App is these screenshot

Truth ooo, crypto fit humble anybody ...some people just wanna prove that they are better than everyone..

Hotice085:
.


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

emperornoble:

I think the CPI this month will be higher than forecast

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.+

lordaustin:



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.

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.

GRACEGLORY:



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.+

🚀🚀🚀

Hotice085:
.


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

Abeg stay out of this, e gt the people I they send the message to...