#TradingTools101
#TradingTools101
Tools like RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Moving Averages are essential for many traders as they help spot good buying and selling opportunities.
RSI shows how fast and how much the price is changing, which helps spot when an asset is overbought or oversold.
MACD highlights shifts in trend strength, direction, and momentum.
Moving Averages (like MA and EMA) help smooth out price action so trends are easier to see.
Most traders don’t depend on just one indicator.
Using a mix of tools increases accuracy and helps filter out fake signals. For example, if the RSI shows an asset is oversold and the MACD also gives a bullish crossover, that’s often a strong buy signal.