#Day108 : Crypto Indicators Every Trader Should Follow đ
Learning and Earning Series by Sujal Khedekar
Trading without indicators is like sailing without a compass. âľ Here are must-know crypto indicators that help you trade smarter, not harder:
đ¸ RSI (Relative Strength Index): Measures momentum. Above 70 = overbought (possible drop). Below 30 = oversold (possible bounce). Great for spotting reversals!
đ¸ MACD: Shows trend strength. When the MACD line crosses above the signal line = bullish signal. Below = bearish alert.
đ¸ Bollinger Bands: Track volatility. When price touches the upper band, it might be overheated. Lower band? Could be a hidden gem.
đ¸ Volume: Confirms price action. A breakout with high volume = strong. With low volume? â ď¸ Watch out â it might be fake.
đ¸ Moving Averages (MA/EMA): Reveal trend direction. 50-day and 200-day are favorites. EMA reacts faster for short-term trades.
đŹ Which indicator do you use the most? Comment below and letâs learn together!
$BTC $BNB $OM #RSI #VolumeMatters #BollingerBands #SujalKhedekar