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The strategy involves monitoring the RSI of a coin on a specific time frame, and comparing it to predetermined levels. When the RSI exceeds a certain level, it is considered overbought, indicating that the coin may be overvalued and a sell signal is generated. When the RSI falls below a certain level, it is considered oversold, indicating that the coin may be undervalued and a buy signal is generated.
It is important to note that, although the strategy is based on technical analysis, it's not a guarantee of profitable trades and it's not a 100% accurate. Market conditions change and the strategy may not be suitable in all market conditions. It's important to test the strategy before using it with real money and also to use it along with other indicators or strategies to confirm the signal generated by the RSI.
(Note: Always run a backtest for the current market.)
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Our artificial intelligence methods are a collection of data that we personally tested on the market and that have been shown to outperform the market in all scenarios.
Simply put, it is a more profitable way to trade.
(Note: Always run a backtest for the current market.)
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****Template****
https://www.cryptohopper.com/marketplace/item?item_id=10152
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***********Copy Hopper***********
https://www.cryptohopper.com/marketplace/item?item_id=10895
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********Our YouTube Channel********
https://youtu.be/4nuqhT_X7tc
The product provided on this page is not provided by Cryptohopper, but by external advisors and trading professionals. Although we check and validate each marketplace seller, Cryptohopper will not be liable or responsible for any loss or damage due to the use of these templates, strategies and/or copy bots. Past performance is not a guarantee or indicative for future results.
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