#TradingTools101 #TradingTools101

when you trade without trading tools you may loss your assets so let touk about some trading tools

1)Relative Strengths Index (RSI)

The Relative Strength Index serves as an indicator to measure the velocity of price changes in stocks. It’s also useful for spotting potential reversals in price trends. Typically, the RSI is calculated over a 14-day period.

2)Moving Average Convergence Divergence (MACD) Indicator

The Moving Average Convergence Divergence (MACD) is a vital tool in technical analysis, helping traders gauge the momentum and directional shifts in coin prices. A bullish signal is indicated when the MACD line surpasses the signal line, suggesting a potential increase in coin price. On the other hand, a bearish signal is suggested when the MACD line falls below the signal line, hinting at a possible decrease in coin price