If you’ve ever opened a TradingView chart and felt overwhelmed by all the lines, colors, and technical jargon, you’re not alone. The good news? You don’t need to be a pro trader to start using indicators to your advantage. You just need to understand what they’re telling you.
In this guide, we’re breaking down five key indicators every crypto trader should know—what they do, how they work, and why they matter.
Let’s decode the chart together.
1. RSI (Relative Strength Index)
RSI’s purpose is to identify whether a crypto asset is overbought or oversold. It is a momentum indicator that moves between 0 and 100. RSI helps you spot when a coin might be due for a reversal.
Why it matters: RSI helps you time entries and exits more effectively, especially in fast-moving markets.
2. MACD (Moving Average Convergence Divergence)
MACD’s purpose is to spot trend changes and momentum shifts. It is made up of two moving averages (a fast line and a slow line) and a histogram that visualizes their difference. It’s a go-to tool for understanding whether bullish or bearish momentum is building.
Why it matters: MACD helps you ride trends instead of reacting to short-term noise.
3. Bollinger Bands
Bollinger bands measure market volatility and potential breakout zones. This indicator consists of three lines: a middle moving average and two bands above and below it, based on standard deviation.
Why it matters: Bollinger Bands help you prepare for big moves, whether it’s a breakout or consolidation.
4. Volume
Volume confirms the strength of a price move. It simply shows how much of an asset is being traded over time. While it might seem basic, it’s one of the most important indicators for validating trends.
Why it matters: Volume acts as a confidence check. Price without volume can be misleading.
5. EMA (Exponential Moving Average)
EMAs identify trend direction with more emphasis on recent data. These are similar to simple moving averages, but they weigh recent price action more heavily. They’re often used in combinations (e.g., 20 EMA, 50 EMA, 200 EMA) to define short-, mid-, and long-term trends.
Why it matters: EMAs help filter out short-term price noise and show you where the trend is heading.
Why These Indicators Matter for Crypto Traders
Crypto markets are 24/7, fast-moving, and highly emotional. Indicators give you a structured way to interpret price behavior so you’re not just reacting to hype or FOMO.
When used with the TradingView charts integrated into the Bitazza app, these tools become even more powerful. You can analyze market trends, confirm trading signals, and make smarter decisions, right where you trade.
Ready to Dive In?
Start by exploring just one or two indicators at a time. Customize your TradingView chart layout to fit your strategy. And remember, indicators are tools, not guarantees. The more you combine them with proper risk management, the better your results.
Connect your Bitazza account to TradingView today and let the data guide you https://www.tradingview.com/broker/Bitazza/
Don’t know how to connect to TradingView yet? Follow our simple guide here https://blog.bitazza.com/blog/how-to-connect-bitazza-with-tradingview-gl