📊 How to read the market before making a trading decision? 📊

Success in trading does not depend on luck, but on the ability to understand and analyze the market intelligently. Here are some steps that can help you make informed decisions:

🔹 1- Trend Analysis: Is the market in an uptrend or downtrend? Identifying the trend helps you make more accurate decisions.

🔹 2- Monitoring Support and Resistance Levels: These levels determine the optimal entry and exit points, reducing risks.

🔹 3- Following Trading Volumes: An increase in volume may indicate strong movements ahead, whether up or down.

🔹 4- Economic News and Events: Interest rate decisions, political news, and market fluctuations directly affect cryptocurrencies.

🔹 5- Relative Strength Index (RSI) and MACD: Important tools that help you know when an asset is in an overbought or oversold zone.

📢 Tip: Don't make random decisions! Combine technical and fundamental analysis to make smarter decisions.

What tools do you rely on?