#TradingTools101 Tired of false signals and whipsaws on Binance? 📉 You're not alone. Crypto markets are wild, but combining the right technical indicators is like having a supercharged trading dashboard 🛠️. Forget relying on just one tool – true edge comes from synergy.
Here’s my go-to trio and exactly how I combine them for sharper entries and exits:
1. 📊 Moving Averages (MAs)
📌 I check the 50-period EMA and the 200-period SMA. Sometimes a 21-period EMA for tighter trends.
They instantly show trend direction and potential support/resistance zones.
Price above MAs = 🟢 Uptrend potential.
Price below MAs = 🔴 Downtrend potential.