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

RSI Relative Strength Index

Simply, this indicator tells you whether people are buying this currency excessively or not.

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

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

It tells you when to buy and when to be patient.

MACD Moving Average Convergence Divergence

It's made up of two lines that intersect + moving bars.

When the lines cross upwards → there is buying momentum.

When they cross downwards → selling momentum.

It helps you know the next 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 → buying signal.

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

Always think like this: 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 your Binance chart and start training your eye on them; it will significantly impact your decisions 😊👻

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