How do we rely on technical analysis in trading?

Technical analysis relies on studying price data and time changes to understand market trends and make informed decisions. The most important indicators you can rely on are:

✅ MACD indicator (Moving Averages Crossover):

If the fast line crosses the slow line upwards, this is a bullish signal.

If the fast line crosses the slow line downwards, this is a bearish signal.

✅ RSI indicator (Relative Strength Index):

If the RSI is above 70, this indicates that the asset is in an overbought state (a correction may occur).

If the RSI is below 30, this indicates an oversold state (an upward bounce may occur).

✅ Signal line and important levels:

Watch support and resistance areas to determine entry and exit points.

Make sure that more than one indicator is consistent to confirm the trend before making a decision.

❗ Reminder:

Technical analysis is not static, and changes with market movement. Therefore, it is important to combine more than one indicator, follow the news, and manage risks wisely.

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