๐ 3 Simple Indicators for Better Entries (Even for Beginners)
โIndicators wonโt make you a millionaire overnight โ but they can stop you from making rookie mistakes.โ
Letโs break down 3 simple tools that can help you enter trades with more confidence.
1. RSI (Relative Strength Index)
๐ Over 70 = overbought (possible pullback)๐ 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 โ
. Price below both = bearish weakness โ.
3. Volume
Rising volume with price up = strong move ๐ช.Falling volume = move could be losing momentum โ ๏ธ.
Pro Tip:
๐ Donโt 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.๐ 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 #CryptoEducation๐ก๐