#TradingTools101 🛠️ One of the most important tools for success in the trading world is knowing how to use technical analysis tools. One of the tools I rely on daily is the RSI indicator (Relative Strength Index).

📉 This indicator helps me identify "overbought" or "oversold" conditions for any currency. When the RSI is below 30, it often means that the currency might be ready to bounce back up, and the opposite when it is above 70.

🧠 But the tool alone is not enough; it must be combined with other tools such as support and resistance levels, and trendlines, to obtain a comprehensive analysis.

🔍 I use a platform like TradingView because it provides these tools with clear and easily customizable charts.

💡 Continuous learning about trading tools is the secret to excellence. Choose your tool, understand it deeply, and apply it rationally.

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#tradingtools101 #CryptoTips #TechnicalAnalysis