#NasdaqETFUpdate

If you are trading crypto and not using any technical indicators at all, then you are playing as if your eyes are closed 👀 I will explain to you 3 indicators that will help you understand the market better and increase your opportunities 👌

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.

So it tells you when to buy and when to be patient.

MACD Moving Average Convergence Divergence

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.