"Why I started using moving averages and how they improved my decisions?"
Today I decided to share something that has helped me a lot in technical analysis: moving averages. At first, I didn't understand what those lines on the chart were for, but when I took the time to study them, everything started to make more sense.
I mainly use two:
the 9-period moving average (fast) and the 21-period moving average (slow). When the fast crosses above the slow, I have a potential buy signal. If it crosses below, it could be a sell signal.
This is not a fixed rule, but rather a good guide. I also combine this with volume: if the price goes up and volume increases, there is real strength. If it rises with low volume, it could be false.
Today I analyzed several tokens before deciding to enter, and these tools gave me confidence.
It's not just about looking at candles, but understanding the language of the market. Learning the basics changes the game.