$BTC
BTC
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Crypto trading can seem like navigating a stormy sea, but with the right indicators, you can move smoothly. Here are 5 key indicators that every trader should master:
1️⃣ RSI (Relative Strength Index):
Helps identify overbought or oversold conditions. Ideal for determining entry and exit points.
2️⃣ MACD (Moving Average Convergence Divergence):
Great for understanding momentum shifts. Crossovers can indicate potential trend changes.
3️⃣ Bollinger Bands:
Perfect for detecting volatility. When the bands expand, expect high volatility; when they contract, the market is calm.
4️⃣ Fibonacci Retracement:
A powerful tool for predicting potential support and resistance levels.
5️⃣ SAR (Stop and Reverse):
Ideal for determining trend direction and potential reversal points.