Trading isn’t just about entering and exiting positions — it’s about making informed decisions at the right time. Here are the key factors every trader should monitor:
1️⃣ Price Action
Watch how the price moves around support & resistance zones. Candlestick patterns often reveal buyer vs. seller strength.
2️⃣ Volume
High trading volume confirms strong moves, while low volume may signal weak or false breakouts.
3️⃣ Moving Averages (MA)
Short-term and long-term MAs help identify trend direction and potential entry/exit zones.
4️⃣ Relative Strength Index (RSI)
RSI tells whether an asset is overbought (>70) or oversold (<30). It helps in spotting reversals or momentum continuation.
5️⃣ MACD (Moving Average Convergence Divergence)
Tracks momentum shifts. A bullish crossover suggests possible upside, while a bearish one hints at a downtrend.
6️⃣ News & Market Sentiment
Crypto markets are highly news-driven. Keep an eye on global news, partnerships, regulations, and whale activity.
7️⃣ Risk Management
Always monitor your stop-loss & take-profit levels. Protecting capital is more important than chasing profits.
✅ Pro Tip: Successful traders don’t monitor everything — they focus on the signals that align with their strategy. Consistency is the real edge.