📢 Most traders focus on price movements alone, but volume and momentum indicators reveal hidden market strength! Here’s how to use them effectively.
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🔹 Step 1: Understanding Volume Indicators
✅ What are volume indicators?
They measure the number of trades happening at a given price level, helping confirm trend strength or weakness.
📌 How to use them?
1️⃣ On-Balance Volume (OBV)
✔️ Tracks cumulative buying and selling pressure.
✔️ If OBV rises while price remains stable → possible bullish breakout ahead.
✔️ If OBV falls while price is steady → weakness in trend detected.
🔹 How to enable OBV on Binance?
1️⃣ Open TradingView Chart on Binance.
2️⃣ Tap on Indicators → Search for OBV.
3️⃣ Analyze OBV trends in relation to price movement.
2️⃣ Volume Profile
✔️ Identifies high-trade zones that act as support and resistance.
✔️ Strong volume levels = potential price reaction points.
🔹 How to enable Volume Profile on Binance?
1️⃣ Open TradingView Chart on Binance.
2️⃣ Tap on Indicators → Search for Volume Profile.
3️⃣ Focus on High Volume Nodes to find critical price levels.
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🔹 Step 2: Understanding Momentum Indicators
✅ What are momentum indicators?
They measure how strong or weak a price movement is, helping traders identify trend continuation or reversals.
📌 How to use them?
3️⃣ Relative Strength Index (RSI)
✔️ Above 70 → Overbought (possible reversal or correction).
✔️ Below 30 → Oversold (potential buying opportunity).
🔹 How to enable RSI on Binance?
1️⃣ Open TradingView Chart on Binance.
2️⃣ Tap Indicators → Search for RSI.
3️⃣ Adjust settings to 14-period RSI for better accuracy.
4️⃣ MACD (Moving Average Convergence Divergence)
✔️ Helps detect trend strength and reversals.
✔️ Bullish signal: MACD line crosses above the signal line.
✔️ Bearish signal: MACD line crosses below the signal line.
🔹 How to enable MACD on Binance?
1️⃣ Open TradingView Chart on Binance.
2️⃣ Tap Indicators → Search for MACD.
3️⃣ Watch for crossovers to time your entries and exits.
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🔹 Step 3: Combining Volume & Momentum for Smarter Trades
✅ Why use them together?
Volume confirms whether a trend is strong, while momentum shows how long it might last.
📌 Best strategies:
✔️ Bullish setup: If MACD crosses bullish AND OBV is rising, the move is strong.
✔️ Bearish setup: If RSI is dropping AND volume is decreasing, the trend is weakening.
✔️ Breakout confirmation: If price breaks resistance with high volume & rising RSI, it’s a stronger breakout.
🚀 Try These Indicators Now! 👇