Friends of Binance Square #实用交易工具 , I have recently been researching technical indicators and found that with the right tools, trading can really be much more efficient!

Just like the RSI indicator I have been looking at recently, it can help us determine overbought and oversold conditions, avoiding buying at high prices. For example, a friend of mine blindly chased after a certain coin and ended up getting stuck. If they had looked at the RSI at that time, they might have avoided it.

Then there's MACD, which I mainly use to determine trends: buy on a golden cross and sell on a death cross, simple and straightforward. Of course, a single indicator is definitely not enough; I also combine it with moving averages, such as the 5-day and 10-day moving averages, to see the short-term trend.

By the way, recently DEXE/USDT and SHELL/USDT have been quite volatile, so when trading, remember to use these tools to manage risk! What trading tools do you usually use? Let's share and improve together!