Metrics to understand your operations 🧠📉📈
To trade safely 🛡️, gut feelings aren’t enough—you need tools 🧰 to measure your capital’s performance 💵 and spot the right moment in the market.
Today, we’re covering 3 concepts everyone should know:
1️⃣ ROI💰
It tells you how much you’re earning 📈 or losing 📉 on a trade relative to the capital invested.
It helps you evaluate 🕵🏻♂️ your portfolio’s performance and compare which strategies work best for you, without letting emotions take over.
2️⃣ RSI (Relative Strength Index) ⚖️
A momentum oscillator that measures the speed and change of price movements on a scale of 0 to 100.
A) Level > 70 (Overbought): The asset has risen quickly; the likelihood of a correction or pullback increases.
B) Level < 30 (Oversold): The asset has fallen sharply; it could be in a discounted zone or close to a bullish rebound.
3️⃣ MACD 📊
A trend and momentum indicator that shows the relationship between 2 moving averages of the price.
A) Bullish crossover🐂: When the MACD line crosses above the signal line, it indicates a possible start of an upward trend.
B) Bearish crossover🐻: When the MACD line crosses below the signal line, it signals an increase in selling pressure.
💡 Tip
A good ROI comes from confirming your entries by combining the RSI and MACD, always alongside proper risk management and a defined Stop Loss.
💭 Tell me
Do you usually use the RSI or MACD in your analysis, or do you prefer to follow price action? 👇
#Binance #BinanceSquare #crypto
$BTC $BNB $USDE @POCHITA 2113 保拉 @0mega @FOCUS0000
To trade safely 🛡️, gut feelings aren’t enough—you need tools 🧰 to measure your capital’s performance 💵 and spot the right moment in the market.
Today, we’re covering 3 concepts everyone should know:
1️⃣ ROI💰
It tells you how much you’re earning 📈 or losing 📉 on a trade relative to the capital invested.
It helps you evaluate 🕵🏻♂️ your portfolio’s performance and compare which strategies work best for you, without letting emotions take over.
2️⃣ RSI (Relative Strength Index) ⚖️
A momentum oscillator that measures the speed and change of price movements on a scale of 0 to 100.
A) Level > 70 (Overbought): The asset has risen quickly; the likelihood of a correction or pullback increases.
B) Level < 30 (Oversold): The asset has fallen sharply; it could be in a discounted zone or close to a bullish rebound.
3️⃣ MACD 📊
A trend and momentum indicator that shows the relationship between 2 moving averages of the price.
A) Bullish crossover🐂: When the MACD line crosses above the signal line, it indicates a possible start of an upward trend.
B) Bearish crossover🐻: When the MACD line crosses below the signal line, it signals an increase in selling pressure.
💡 Tip
A good ROI comes from confirming your entries by combining the RSI and MACD, always alongside proper risk management and a defined Stop Loss.
💭 Tell me
Do you usually use the RSI or MACD in your analysis, or do you prefer to follow price action? 👇
#Binance #BinanceSquare #crypto
$BTC $BNB $USDE @POCHITA 2113 保拉 @0mega @FOCUS0000