#TradingTools101
Simply put, the indicator tells you if this currency has been overbought or not.
If the number is above 70 → the market is saturated with purchases, it may go down.
If below 30 → the market is saturated with sales, it may go up.
This indicates when to buy and when to wait.
MACD Momentum Indicator
It is a combination of two lines that cross + bars that move.
When the lines cross upwards → there is a buying momentum.
When they cross downwards → selling momentum.
This helps you to know the upcoming direction.
Moving Averages average of price movement.
If the price is above the line → bullish trend.