Getting into crypto trading, the easiest trap to fall into is not understanding the market行情. Actually, it doesn't have to be so complicated. Master three basic indicators, and you'll be able to grasp the market rhythm.



**Moving Averages (MA): The Direction Indicator**

Simply put, it’s the average of recent closing prices, plotted as a line. If the 5-day and 10-day short-term moving averages are trending upward, it generally indicates a market uptrend; if they turn downward, be cautious.

How to use it? When the short-term MA crosses above the long-term MA from below, it’s called a golden cross, a clear bullish signal. Conversely, if the short-term MA crosses below the long-term MA, it’s a death cross, signaling a potential pullback. Many traders rely on this signal to decide when to be optimistic about the market.

**MACD: The Acceleration of Price Movements**

The most straightforward way to interpret this indicator is by looking at the red and green bars. Longer red bars indicate increasing upward momentum; longer green bars suggest strengthening downward pressure.

Additionally, watch for the crossover of the white line and the yellow line. When the white line crosses above the yellow line, it’s a golden cross (bullish); crossing below is a death cross (bearish). An often overlooked detail is that when the bars suddenly shrink, it usually hints that a trend reversal might be imminent. At such times, avoid blindly chasing the highs or selling at the lows.

**RSI: The Overbought/Oversold Warning Light**

This indicator fluctuates between 0 and 100. Above 70 indicates overbought conditions, often leading to a price correction; below 30 indicates oversold conditions, usually followed by a rebound.

For beginners, one key rule: don’t rush to buy when RSI is above 70, and don’t rush to sell when it’s below 30. Patience can save you a lot of money.

**Final note: These indicators are not fortune-telling tools; using all three together is more reliable.** When unsure about the market, it’s helpful to look at the performance of major cryptocurrencies like Bitcoin, Ethereum, and SOL, which often reflect the overall market sentiment. The key is not to go all-in from the start, but to leave room for adjustments.
BTC-0.53%
ETH-1.03%
SOL-2.75%
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NFTregrettervip
· 01-08 18:58
Golden Cross and Death Cross sound sophisticated, but in reality, I've been cut several times. Now I just watch BTC's rise and fall to decide my mood. Honestly, the RSI system is even more ridiculous. Overbought at 70 and oversold at 30, yet the coin can still soar from 30 all the way to 200. Why didn't the indicator predict that? The MA moving averages are quite reliable, but they react too slowly. By the time the Golden Cross appears, a big wave has already started. Looking at these three indicators together is indeed stronger than relying on just one, but don't be too superstitious. Ultimately, luck and mindset matter. All-in is really a stupid move. That's how I got trapped. Keeping some positions can really save your life. Now I mainly look at the 30-day and 60-day moving averages, which are much more stable than the 5-day and 10-day. I've noticed the signal when the MACD histogram gets smaller, but it often reacts too late.
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SerumSquirrelvip
· 01-08 18:48
In simple terms, once you understand these three indicators, you'll realize that cutting the leek is actually cutting yourself, haha. --- The terms Golden Cross and Death Cross sound mystical, but in reality, I use them in the opposite way. Remember that, everyone. --- RSI thingy, above 70, you really need to be cautious. Last time I couldn't resist chasing the high and lost two months' salary. --- It's 2024, and we're still promoting moving averages. The market changes every five minutes; these indicators should have retired long ago. --- All-in is a deadly disease, but after reading this article, I bet most beginners will still go all-in. I bet five bucks. --- The detail where the MACD histogram gets smaller is indeed brilliant. Many people fall for this; experienced traders know it's a prelude to a trend reversal. --- When Bitcoin drops, other coins can't survive. Focusing on mainstream coins is correct, but don't forget that small-cap coins can sometimes turn around. --- Waiting to save money is really the simplest but also the hardest thing to do.
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HashRateHustlervip
· 01-08 18:46
Death cross after death cross, I keep chasing the highs. The RSI is already telling me it's overbought but I keep rushing in anyway. I totally deserve this.
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