1️⃣. Moving Averages (MA)
How it works:
Moving Average smooths out the price by taking the average of past prices.
Main idea:
If the price is above the MA line → trend is up (bullish).
If the price is below the MA line → trend is down (bearish).
Use:
Find the overall direction of the market.
2️⃣. RSI (Relative Strength Index)
How it works:
RSI measures the speed and change of price movements.
Main idea:
If RSI is above 70 → market is overbought (price may fall).
If RSI is below 30 → market is oversold (price may rise).
Use:
Catch possible reversals (price turning points).
3️⃣. MACD (Moving Average Convergence Divergence)
How it works:
MACD shows the relationship between two moving averages (fast and slow).
Main idea:
When MACD Line crosses above Signal Line → Buy signal.
When MACD Line crosses below Signal Line → Sell signal.
Use:
Identify trend changes and momentum.
4️⃣. Bollinger Bands
How it works:
Bollinger Bands have three lines — Upper Band, Middle Band (Moving Average), Lower Band.
Main idea:
When price touches the upper band, it may be overbought (can fall).
When price touches the lower band, it may be oversold (can rise).
Use:
Understand volatility (market speed) and possible reversals.#xrpetf #Binance #BinanceAlphaAlert #BTCvsMarkets