#TradingTools101

Simply put, the indicator tells you whether this currency has been overly purchased 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 buying momentum.

When they cross downwards → selling momentum.

This helps you know the upcoming direction.

Moving Averages average of price movement.

If the price is above the line → bullish trend.

If the price is below → bearish trend.