🧠 Want to understand the chart?
Start with these indicators:
1. 🟢 MA (Moving Average) — simple moving average
→ Smooths the price gradually.
→ Look at 50 MA and 200 MA — if the price is above — the trend could be bullish.
🧠 Tip: crossing of 50 and 200 = signal!
2. 🔵 EMA (Exponential MA) — more reactive than MA
→ Takes recent candles into account more strongly.
→ Often set 9 EMA and 21 EMA for trading.
⚡ Good for volatile markets (crypto is just like that).
3. 📉 MACD (Moving Average Convergence Divergence)
→ Helps understand when to enter/exit.
→ Watch for line crossings and the histogram.
💡 When the histogram is rising — bullish momentum. When it is falling — bearish.
4. 🟣 RSI (Relative Strength Index)
→ Shows overbought or oversold conditions.
→ 70+ = overbought → a pullback may occur.
→ 30- = oversold → a bounce may occur.
5. ⚠️ Volumes (Volume)
→ Without volume, movement = nothing.
→ Increase on volume = confirmed trend.
⸻
💡 What to set in Binance:
🔧 Open the chart → Click [Indicators] → add:
✅ MA (50 and 200)
✅ EMA (9 and 21)
✅ MACD
✅ RSI
✅ Volume
📈 Conclusion: don’t guess — read how the market behaves.
You are not Vanga. You are a trader. Learn to see, not to guess.