Post
Topic
Board Trading Discussion
Re: indicators
by
Mpamaegbu
on 19/05/2022, 18:26:47 UTC
im new to trading im using RSI and bb for indicators. I was told when the candle stick hits the lower bottom of the boliengor bands, and is under 30RSI it's going to go up, but how do i find one of these before it happens? i've been watching the same coin for 21hours and nothins happen yet.
I believe so many veteran traders started that way by using BB and RSI to preempt the market on where price is headed. Over time, you will realize that those indicators repaint and aren't reliable on their own. I used "repaint" in the sense that those indis adjust to price and aren't firm in relating with price. For a better prediction, add a line indicator of support and resistance to those two you mentioned. Again, bear in mind that there's nothing like bottom and top in the real sense of trading. So, waiting or aiming for a top or bottom is a wrong move.