$TRX KDJ is a technical indicator that measures the strength of the trend and overbought and oversold areas. It consists of three lines:
* K (Fast): The average of the recent price movements.
* D (Slow/Signal): The moving average of K, used to confirm signals.
* J: Amplifies the difference between K and D to provide early signals.
Its main signals:
K crossing above D: Potential buy.
K crossing below D: Potential sell.
Above 70-80: Overbought (potential drop).
Below 20-30: Oversold (potential rise).
Line J: Reflects the current strength of the trend and may indicate an imminent reversal.
It is used to identify potential entry and exit points, and it is preferable to use it with other indicators to confirm signals.
The blue line (typically): Represents the K line (fast).
The red line (typically): Represents the D line (slow or signal line).