โ€œIndicators wonโ€™t make you a millionaire overnight โ€” but they can stop you from making rookie mistakes.โ€

Letโ€™s break down 3 simple tools that can help you enter trades with more confidence.

1. RSI (Relative Strength Index)

  • ๐Ÿ“‰ Over 70 = overbought (possible pullback)

  • ๐Ÿ“ˆ Under 30 = oversold (possible bounce)

  • Works well in sideways markets to catch reversals.

2. Moving Average (MA)

  • The 50-day MA helps spot short-term trends.

  • The 200-day MA shows the long-term market bias.

  • Price above both = bullish strength โœ…. Price below both = bearish weakness โŒ.

3. Volume

  • Rising volume with price up = strong move ๐Ÿ’ช.

  • Falling volume = move could be losing momentum โš ๏ธ.

Pro Tip:

  • ๐Ÿ” Donโ€™t rely on just one indicator โ€” combine them with support/resistance zones for stronger signals.

Conclusion:

  • The simpler your tools, the faster you can act.

  • ๐Ÿ“Š Which indicator is your car go-to? Tell me in the comments โ€” I might cover it in the next post!

#CryptoIndicators #TechnicalAnalysiss #BinanceSquare #tradingStrategy #CryptoEducation๐Ÿ’ก๐Ÿš€