What is going on BTC #bitcoin
Basic Indicators for BTC Trend Analysis:
1. Moving Averages (MA):
• 50-day MA > 200-day MA → Bullish trend (Price upper jaane ka signal)
• 50-day MA < 200-day MA → Bearish trend (Price neeche girne ka signal)
2. Relative Strength Index (RSI):
• RSI > 70 → Overbought (Price neeche aasakta hai)
• RSI < 30 → Oversold (Price upper jaa sakta hai)
3. MACD (Moving Average Convergence Divergence):
• MACD line > Signal line → Bullish momentum
• MACD line < Signal line → Bearish momentum
4. Bollinger Bands:
• Price Upper Band touch kare → Overbought (Sell signal)
• Price Lower Band touch kare → Oversold (Buy signal)