The 3 Best Indicators for Crypto Trading

The use of technical analysis indicators will take your trading to a whole new level and bring additional income.

Indicators predict market movement. They can also be used to display price behavior patterns.

The moving average is the most classic tool on the market. This indicator analyzes the average price for a given time interval. And knowing the average price of an asset, we analyze the best buy and sell prices along the slope of the curve.

MACD is an indicator of convergence-divergence of moving averages.

A positive MACD indicates an uptrend. The tendency of the curve to the upper signal line means a good time to buy, called a bullish intersection. A negative MACD indicates a downtrend. When the MACD crosses the lower signal line, it is a good time to sell, which is called a bearish crossing.

The relative strength index shows that the market is overbought or oversold. It indicates the weakness or strength of the cryptocurrency with the help of a previous change in its price. The relative strength index helps to determine the point of sale (red area) and the point of purchase (green area).

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