Binance
1. RSL Indicator
The idea of this indicator is that it measures the strength of the current movement compared to the past. It gives you an idea of whether the currency is currently 'stronger' than its usual performance or weaker. Some traders use it to determine if the asset is in a strong area or starting to weaken. It differs from RSI, so make sure you actually select RSL within the platform.
Tip: Buy if it exceeds 70% and sell if it drops and exceeds 30%
2. #MACD_Indicator
This is one of the most famous indicators in #technical_analysis. It relies on moving averages and shows you momentum and direction of movement. One of its most famous signals is the crossover of the MACD line with the signal line:
• If it crosses from bottom to top → likelihood of #rise.
• If it crosses from top to bottom → likelihood of #drop.
But like any #indicator, it doesn't give you a complete picture on its own; it's best to use it with other tools.
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TradingView
3. SSL Hybrid Indicator
A simple indicator that gives you an idea of whether the price is above or below the trend line. If the price is above the line, the trend is usually upward, and if below, the trend tends to be downward. Many traders use it as a filter to confirm the trade direction before entering.
4. QQE Mod Indicator
This indicator gives momentum signals clearly with colors and simple changes. If it turns to a color indicating upward movement, some consider it a buy signal, and vice versa. The advantage of the indicator is that it provides a clear and easy picture even for beginners, especially if you use it with SSL Hybrid.
Important:
It's always best to combine them with price movement and determine entry and exit points wisely with clear risk management.
In this time, it's hard to find someone who gives you useful information, so
If this information helped you, its price is one dollar 😍
