#TradingTools101
Basic Trading Tools (#TradingTools101)
1. 📊 Price Charts
• TradingView – the most popular platform, supports technical analysis with many indicators.
• CoinMarketCap / CoinGecko – price, market cap, volume lookup.
• Binance / Bybit / MEXC – trading platforms with integrated TradingView charts.
2. 📈 Technical Indicators
• RSI (Relative Strength Index): measures overbought/oversold levels.
• MACD: determines trend and momentum.
• MA / EMA (Moving Averages): average price over time.
• Bollinger Bands: measures volatility.
3. 🔍 Market Analysis Tools
• Glassnode / CryptoQuant: on-chain data (inflow/outflow to exchanges, whale wallets…).
• Santiment: market sentiment and social media data.
• Dune Analytics: custom blockchain data analysis.
4. 📉 Order Placement and Risk Management Tools
• Stop-Loss / Take-Profit: automates exit from trades.
• OCO (One-Cancels-the-Other): simultaneously places stop-loss and take-profit orders.
• Position Sizing Calculator: calculates reasonable order size based on capital and risk.