🧧3 Powerful Indicators Every New Trader Must Understand! ✅
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If you're new to trading and want to stop guessing and start reading the charts like a pro, here are 3 indicators you MUST know:
🔸1. EMA (Exponential Moving Average):
•EMA gives more weight to recent price action.
•When price is above EMA = bullish trend
•When price is below EMA = bearish trend
•Common ones: 20 EMA (short-term), 50 •EMA (mid-term), 200 EMA (long-term)
🔸2. RSI (Relative Strength Index):
•RSI tells you when a coin is overbought or oversold.
•Above 70 = overbought (potential drop)
•Below 30 = oversold (potential bounce)
•Smart traders use it to time entries and exits.
🔸3. MACD (Moving Average Convergence Divergence):
•MACD shows momentum and possible trend reversals.
•When MACD line crosses above the signal line = bullish
•When it crosses below = bearish
•MACD histogram shows strength of the move.
Quick Strategy: 📊
Price near 200 EMA + RSI below 30 + MACD bullish crossover = High probability bounce setup!
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