RSI SIGNAL BOT
This is a simple crypto signal bot base on technical analysis, monitoring rsi on BTC, ETH, ADA, BNB, SOL, XRP
Disclaimer: Before executing the signal provided by this bot make sure to apply your own analysis!
30-70 RSI Strategy This strategy is based on the assumption that:
RSI below 30 → The asset is oversold → Potential buy opportunity. RSI above 70 → The asset is overbought → Potential sell opportunity. Trading Signals Buy Signal (RSI < 30)
When RSI drops below 30, it indicates that the asset is oversold and may be undervalued. A trader might enter a long position when RSI crosses back above 30 (confirmation of trend reversal). Sell Signal (RSI > 70)
When RSI rises above 70, it suggests the asset is overbought and could be due for a price correction. A trader might enter a short position when RSI crosses back below 70. How to set up:
- Clone the repo
- cd trade-signals-bots
- python cryptosignals.py
- ENJOY
- Or run it from compiled files without python: https://github.com/lucaswrao/trade-signals-bots/releases/download/signal/cryptosignals.zip