#Square I will explain common trading indicators:#Write2Earn

The most important steps I need to understand correctly to become one of the biggest traders in Binance

**1- Relative Strength Index (RSI):**

- Measures the strength or weakness of the market.

- Represented on a chart between 0 and 100.

- If RSI is greater than 70: the market is overbought.

- If RSI is less than 30: the market is oversold.

**2- Moving Average (MA):**

- Measures the average price of a stock over a certain period.

- Represented on a chart.

- If the price is above the MA: the market is in an uptrend.

- If the price is below the MA: the market is in a downtrend.

**3- Bollinger Bands:**

- Measures market volatility.

- Represented on a chart.

- If the price is above the upper band: the market is overbought.

- If the price is below the lower band: the market is oversold.

Do you want to know how to apply these indicators?

Check the images $BNB $MOODENG

1-The yellow mark is RSI

2-The green mark is MA

3-The red mark is DEA

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