#TradingTools101
Trading crypto without any technical indicators? Thatâs like flying blind. đ Today, Iâll break down three essential indicators that can help you better understand market trends and improve your chances of making smarter trades.
1. Relative Strength Index (RSI):
This momentum indicator shows whether a coin is overbought or oversold. Simply put, it helps you gauge the strength of a trend by measuring recent price changes. If RSI is high, people are likely piling in. If itâs low, the market might be cooling off.
More indicators coming soonâstay tuned!
#CryptoTrading #TechnicalAnalysis #RSI #TradingTips #BinanceSquare #CryptoTools