$ETH Effective technical analysis indicators that help you make better trading decisions:

First: Moving Averages (MA)

🔸️Goal: To identify market direction and determine potential support and resistance levels.

Common settings:

🔹️Short-term moving average: 50 days

🔹️Long-term moving average: 200 days

How to use:

🔹️Buy signal: When the 50-day moving average crosses above the 200-day moving average from below, this is known as the "golden cross" — it is typically considered the start of an upward trend.

🔹️Sell signal: When the 50-day average falls below the 200-day average, which is referred to as the "death cross", it may indicate the beginning of a downward trend.