#TradingTools101 Basic Trading (#TradingTools101)

1. ๐Ÿ“Š Price Charts

โ€ข TradingView โ€“ the most popular platform, supports technical analysis with many indicators.

โ€ข CoinMarketCap / CoinGecko โ€“ look up prices, market cap, volume.

โ€ข Binance / Bybit / MEXC โ€“ trading platforms with integrated TradingView charts.

2. ๐Ÿ“ˆ Technical Indicators

โ€ข RSI (Relative Strength Index): measures overbought/oversold conditions.

โ€ข MACD: identifies trends and momentum.

โ€ข MA / EMA (Moving Averages): average price over time.

โ€ข Bollinger Bands: measures volatility.

3. ๐Ÿ” Market Analysis Tools

โ€ข Glassnode / CryptoQuant: on-chain data (inflow/outflow to exchanges, whale walletsโ€ฆ).

โ€ข Santiment: market sentiment and social media data.

โ€ข Dune Analytics: custom blockchain data analysis.

4. ๐Ÿ“‰ Order Placement and Risk Management Tools

โ€ข Stop-Loss / Take-Profit: automates exit from trades.

โ€ข OCO (One-Cancels-the-Other): simultaneously places stop-loss and take-profit orders.

โ€ข Position Sizing Calculator: calculates appropriate order size based on capital and risk.