Hoping you all are doing in your respective life. I want to share a little bit information regarding the Technical Indicators used by the traders or investors. So here we go.
Technical Indicator is the tool used by technical traders for the prediction of trending price and it's decisions. It is calculated by mathematical formulas which is derived in terms of numbers related to the volume and past prices.
The Above chart shows some moving Indicators such as moving averages, The RSI, and MACD.
It is a good technical analysis tool for the technical traders or investors It gives an idea about the market psychology. It gives insight of supplies and demands in market. Which enables the trader/Investor to trade confidently and get more chances to win.
Technical indicators are very helpful in the financial market. It enables us to invest in a moment where we can have more chances to win or earn profit. It helps in identifying the increase and decrease of crypto currency in the current market. Which allows us to predict the future growth of crypto market. It gives the Idea about how the market is growing. This is basically a statistical and mathematical patterned tool which allows us to see the movement of crypto currencies that occurs. It helps in making vision and decision in suitable time. It is basically letting us know about the past prices action which gives us an about what price will held in future.
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Helloo, It is Alejandro. I just pass by to tell you that I have curated your post using Steemingcuration account. Keep up with the good work 😊
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Thanks @steemingcuration
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