Enhance Your Trading with Price Action Analysis

RSI (Relative Strength Index) is a momentum indicator that helps traders measure whether an asset is overbought or oversold. It moves between 0 to 100, with values above 70 signaling an overbought market and below 30 indicating an oversold market. Traders rely on RSI to predict trend reversals, confirm market strength, and fine-tune their entry and exit points.

2x Leverage vs Spot Trading is a critical choice for traders. 2x leverage allows you to trade with double your capital, amplifying both profits and risks. Studies show that over 70% of leveraged traders face liquidation due to market swings. In contrast, spot trading accounts for nearly 75% of all crypto trades, offering stability and lower risk.

In the world of crypto trading, 2x leverage can be a powerful tool, offering traders the ability to amplify their potential returns. By using borrowed funds, traders can double their position size, which could lead to higher profits if the market moves in their favor. However, 2x leverage also increases the risk, as losses can also be doubled. Studies show that nearly 75% of leveraged traders face significant losses due to mismanagement of risk. On the other hand, trading without leverage means you're only using your own funds, reducing risk, but potentially lowering returns as well. Many conservative traders prefer no leverage for a safer, more sustainable approach.