If you are trading crypto and not using technical indicators at all, it's like playing with your eyes closed 👀 I'll explain to you 3 indicators that will help you understand the market better and increase your chances 👌
RSI Relative Strength Index
Simply, this indicator tells you if there are more buyers for this currency or not.
If the number is above 70 → the market is saturated with buying, it might go down.
If it’s below 30 → the market is saturated with selling, it might go up.
It tells you when to buy and when to be patient.
MACD Momentum Indicator
It consists of two lines that cross + moving bars.
When the two lines cross upwards → there is buying momentum.
When they cross downwards → selling momentum.
It helps you know the upcoming direction.
Moving Averages Average Price Movement.
If the price is above the line → upward trend.
If the price