Just Facts

VacantCity@bbs profile image
Jul 10, 2022

My Trading Indicators

  1. Fib Bands
  2. VOL
  3. EMA
  4. RSI

1. Fib Bands

Fib Bands are a great way to see a Coin's Price Ranges, and Hidden Support & Resistance Lines. This indicator, shown above, can be known by the " RED & GREEN " lines that are constant with the price of bitcoin. Depending on the Price Momentum, you can tell whether the price is going to dip lower below the fib bands, or to break above the fib bands. The hidden support and resistance can also give you some price targets when in a trade. 

2. VOL

Volume is the most Universal Trading Indicator that most traders use! The function of this indicator can show you how much is the assets being bought or sold on a specific time frame! The higher the Volume the More Volatile it become. (Means that price can move Up or Down Sudden)

3. EMA

EMA (Estimated Moving Average) are lines that can help traders Identify a trend. I like to use the 200 Day Moving Average to give me a more Solid understanding the the trend of each coin. If the price is below the moving average you are going to see some bear movements, vis versa. 

4. RSI

RSI (Relative Strength Index)  can show us that timing of a TURNING POINT! So when price keeps going up, it will have to come down sooner or later, but when is that? The RSI can hint a signal to when the price will move in the opposite direction. If the RSI hits 70 or ABOVE it can be said to be over bought, if the RSI hits 30 and below it can be said that the price is over sold. 

Indicators I Use:

1. RSI

2. FIB BANDS

3. VOL

Time Frames I Use:

1. 15mins

2. 1hr

3. 4hr

4. Daily

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