#TradingTools101

If you are trading crypto and not using any technical indicators at all, it's like you are playing with your eyes closed 👀 I will explain to you 3 indicators that will help you understand the market better and increase your chances 👌

RSI Relative Strength Index

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

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

If it is below 30 → the market is saturated with selling, it may 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 cross + 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.

If the short averages cross the long ones upwards → buy signal.

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If you combine all three, you will see the picture clearer. It’s not necessary to enter or exit based on just one indicator.

Always think this way: RSI tells you if the market is saturated or not, MACD tells you the direction and momentum, and moving averages tell you the trend.

Try adding them to Binance chart and start getting used to them; it will make a big difference in your decisions 😊👻