#TradingTools101 Crypto Trading tools useful to get rid off losses in trading.
Key Technical Indicators
RSI (Relative Strength Index)
Function: Measures the speed and change of price movements.
Signals: Helps identify oversold (potential buy) or overbought (potential sell) conditions.
MACD (Moving Average Convergence Divergence)
Function: Reveals changes in a trend's strength, direction, momentum, and duration.
Signals: Identifies potential trend reversals and confirms existing trends.
Moving Averages (MA/EMA)
Function: Smooths out price data to make trend identification easier.