Do T every day, keep an eye on these two indicators!
Many people do not know how to do T, but doing T only requires looking at two key indicators:
1️⃣ MACD
The further away MACD is from the 0 axis, the stronger the trend. When there is a significant volume breakthrough at a technical level, often when MACD does not diverge, a reduction in histogram lines indicates MACD fast and slow lines are diverging.
MACD——Top Divergence + Bottom Divergence
Bottom Divergence: Appears at the bottom of the trend, indicating that the coin price is about to rise, which is a buy signal.
Fast and slow line divergence: Coin price declines while the valleys formed by the MACD fast and slow lines are raised sequentially.
Histogram divergence: Coin price declines, below MACD 0 axis, green histogram lines shorten sequentially.
Top Divergence: Appears at the top of the trend, indicating that the coin price is about to decline, which is a sell signal.
Fast and slow line divergence: Coin price rises while the peaks formed by the MACD fast and slow lines are lowered sequentially.
Histogram divergence: Coin price rises, above MACD 0 axis, red histogram lines shorten sequentially.
2️⃣ RSI
RSI exceeds 70, consider selling.
RSI below 30, consider buying.
If RSI drops below 10 or rises above 90, take action directly!