$ETH Many beginners in trading often overlook the importance of technical analysis tools such as RSI, MACD, Bollinger Bands, or Fibonacci Retracement. However, these tools not only help identify entry/exit points but also increase the ability to control emotions when the market is highly volatile.

For example, when the RSI exceeds the 70 threshold, it may signal that the market is overbought – at this point, traders may consider taking profits. Conversely, when the MACD crosses above the signal line, it is often a sign that an upward trend is forming. The important thing is: do not use a single tool in isolation; combine at least 2-3 tools for a more comprehensive view.

Which tool are you using? Share to learn together!