#TradingTools101 Essential indicators and tools for operating in crypto
In crypto trading, choosing the right tools makes a difference. Here are the main ones to know:
– RSI (Relative Strength Index): measures the strength of the trend and signals overbought or oversold conditions.
– MACD: highlights momentum changes with crosses between moving averages.
– Bollinger Bands: indicate volatility and potential breakouts.
– Fibonacci retracement: useful for identifying bounce or continuation zones.
– Volume Profile and OBV: show where real market interest is concentrated.
– Heatmap and Liquidation levels: identify sensitive areas for leveraged traders.
– Alerts and TradingView: customize signals and monitor setups in real time.