#TradingTools101
1. Relative Strength Index (RSI):
The RSI measures the speed and change of price movements on a scale of 0 to 100. Generally, an RSI above 70 indicates that an asset is overbought, while an RSI below 30 suggests that it is oversold. This can help identify potential reversal points.
2. Moving Averages (MA):
Moving averages smooth price data to identify trends over a specific period. The two most common types are:
Simple Moving Average (SMA): The average of prices over a defined number of periods.