Understanding the Basics of RSI The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is primarily used to identify overbought or oversold conditions in an asset. Overbought: An RSI reading above 70 suggests that an asset may be overbought, … Read more
What Are Support and Resistance Levels? Support and resistance are price levels where the market tends to “pause” due to a concentration of buying or selling interest. Support: This is the price level at which an asset tends to stop falling due to increased buying interest. Support levels act as a “floor” where buyers step … Read more
Understanding Crypto Market Trends In simple terms, a market trend is the general direction in which the price of an asset is moving over a specific period. Trends are categorized as upward, downward, or sideways, and are often influenced by various factors, including market sentiment, technical indicators, and external news events. Recognizing the current … Read more
How to Use Moving Averages in Crypto Analysis In the world of cryptocurrency trading, moving averages (MAs) are among the most popular and useful tools for technical analysis. Moving averages provide insights into market trends, help traders make more informed decisions, and act as a foundation for more complex strategies. Let’s explore what moving averages … Read more
1. Moving Average (MA) What It Is: The Moving Average (MA) is a foundational indicator that smooths out price data, creating a line that tracks the average price over a set period. This helps traders identify the overall direction or trend of an asset. There are two main types: the Simple Moving Average (SMA) and … Read more