Friends at #实用交易工具 Binance Square, I have been researching technical indicators recently and found that with the right tools, trading can really be more efficient!
For example, the RSI indicator I've been looking at recently helps us determine overbought and oversold conditions, avoiding buying at high prices. For instance, a friend previously blindly chased a certain coin and ended up getting stuck; if they had checked the RSI at that time, they might have avoided it.
Then there's MACD, which I mainly use to determine trends—buy on golden crosses and sell on death crosses, simple and straightforward. Of course, relying on a single indicator is definitely not enough; I also combine it with moving averages, like the 5-day and 10-day moving averages, to check short-term trends.
By the way, DEXE/USDT and SHELL/USDT have been quite volatile recently, so remember to use these tools to manage risks while trading! What trading tools do you usually use? Let's share and improve together!