#TradingTools101

If you are trading crypto and not using any technical indicators at all, then you are playing as if you are blindfolded 👀 I will explain to you 3 indicators that will help you understand the market better and increase your chances 👌

RSI Relative Strength Index

Simply put, this indicator tells you whether there are more buyers of this currency or not.

If the number is above 70 → the market is saturated with buying, it might go down.

If it's below 30 → the market is saturated with selling, it might go up.

So it tells you when to buy and when to be patient.

MACD Moving Average Convergence Divergence

It consists of two lines that intersect + moving bars.

When the two lines cross upwards → there is buying momentum.

When they cross downwards → there is selling momentum.

It helps you know the upcoming direction.

Moving Averages

If the price is above the line → upward trend.

If the price is below → downward trend.