#indikator #BİLGİ #Binance The KDJ indicator can be used to identify potential buying and selling points and evaluate market conditions.
You can see sample uses of the KDJ indicator through the steps below:
Overbought and Oversold Conditions: When the %K line or J line crosses above +80, it indicates that the market is overbought and a potential downward price reversal. Similarly, when the %K line or J line falls below the 0 level, it indicates oversold situations and a potential upward price reversal.
Divergence: Discrepancies between price movements and the KDJ indicator can also be used when creating a strategy. For example, if the %K line makes lower highs while prices are making higher highs, this could signal a potential trend reversal.
Crosses: Bullish or bearish crosses between the %K and %D lines are considered important signals. A bullish crossover occurs when the %K line crosses above the %D line, indicating a potential buying opportunity. Similarly, as a bearish crossover, when the %K line moves below the %D line, it may indicate a potential selling opportunity.
@KRİPTO_TÜRK