Digital currency transaction has long evolved from a simple opportunity mobile game to a whole process of development strategy. Successful traders use the analysis of technical indicators and the combination of special indicators and indicators to find trades with a very high probability of profit.

Before expressing the three technical indicators analysis strategies that are conducive to identifying a successful transaction, let's understand some important technical terms:

• Technical index analysis-thoroughly talking about the development trend of statistics, so as long as the asset has a historical record, it can be analyzed electronically. Technical index analysis involves querying the previous trading activities and price fluctuations of encrypted assets in order to understand how the supply and demand of special assets is likely to affect future price fluctuations. Trading opportunities that can make money can generally be found according to the use of data charts to assess value trends and ways.

• Indicator-is a means to assist traders in making decisions in the market. The selected indicators in the cryptocurrency market data chart are used to consider the differences in marketing activities. Finally, traders use these to try and predict future hidden market prices.

The three indicators of login password trading explored here are:

• Relative strength index
• Bollinger line index
• Moving average convergence / diffusion

The important difference lies in the countermeasures used to apply this indicator in the market. Here are some good practices on how to use them.

Relative strength index

The relative strength Index (RSI) measures the moment of momentum-whether an asset is overbought or oversold. This is achieved mainly by comparing the closing price with the asset's 50-day moving average.

If the current price distance of an asset is less than 10% of its 50-day moving average, and it has been rising year by year for at least two days, the RSI reading is considered to be higher than 70, which meets the prerequisite for overbuying; on the other hand, a RSI reading of less than 30 is called oversold.

A strong upward trend in RSI usually means an imminent rebound.

Actually explore this type of RSI reverse: two bottom points, the first bottom point is higher than the next bottom point, slightly inferior refers to RSI, the relatively low bottom point refers to the relatively high bottom point. This backlash represents that the trend is likely to change, which means that a substantial upward trend is likely to occur soon.

Bollinger line index

Based on the use of the most common statistical analysis indicator called standard deviation, the Bollinger wavelength can be used to determine the relative price of an asset over a period of time.

According to the upper two errors and the lower two deviation sections of the moving average system, traders can use historical records to compare the price with the current price.

Try to use the Bollinger section to determine the price increase behavior when the asset price exceeds the upper and lower limits. Being close to the extreme price in this section is likely to be another good confirmation of the winner of the deal.

Moving average convergence / diffusion

Moving average assimilation / diffusion (MACD) is a trend-following momentum moment index. The MACD line shows the relationship between the two exponential moving averages (EMA)-the difference between the 12-day moving average and the 26-day moving average.

Finally, what is very important is the power cord-the MACD line, the 9-day average line. For MACD, traders look at MACD and power cords to see if and when they cross.

When the MACD line crosses the power line, this is a rising indicator, notifying traders to consider buying the asset, as it indicates that emerald green candles are likely to be coming.

Conversely, when the MACD line crosses under the power cord, this is a bullish indicator that notifies the trader to consider selling or shorting the asset. Historically, this has led to a reduction in the use value of assets.

Application of indicator to confirm the VORTECS ™performance alarm of victory

Cointelegraph Markets Pro's VORTECS ™Score is a quantitative analysis category indicator, which brings a "snapshot update" that gives the current and past market status of login password assets.

Its artificial intelligence technology drives the retrospective detection module to conduct real-time analysis of a set of fixed quantitative analysis elements to create a digital score to predict when some assets are likely to rise in price: the greater the VORTECS ™score, the higher the current market situation, while the smaller the achievement, it means bullish.

Many Cointelegraph Markets Pro traders use a value of the VORTECS ™score as an input trigger. Many traders use values of 75 or more, because 75 is the flashing emerald green value of the VORTECS ™distribution line on Cointelegraph Markets Pro software.

However, there is an implicit hindrance: while VORTECS ™scores provide organizational insight into potential asset changes, their predictability can be greatly improved by combining them closely with the identification of the above indicators.

This principle is inherent in trading, not a VORTECS ™score-the greater the argument of a person who applies the idea of a transaction, the more likely it is that the deal will win.

For Cointelegraph Markets Pro traders, a VORTECS ™score of 75 is seen as an implicit entry opening factor. Here is how to apply the above indicators to identify trading opportunities:

1. Use MACD to confirm the principle of VORTECS ™score trigger for ETH/ dollars.

On January 10, 2021, the exchange scored 81 on the VORTECS ™against the dollar, triggering the entry setting. The market price check on the data chart shows that there is a MACD special line crossing the power line before it is opened, which is a rising indicator.

Based on the use of MACD as a confirmation tool, smart Cointelegraph Markets Pro traders can use the VORTECS ™score trigger principle to apply the gradual 2021 Ethernet bull market.

two。 Use RSI as the confirmation of the principle of VORTECS ™score trigger in fixed point / dollar.

On September 1st, February 21st, 2021, the VORTECS ™score of the anchor point against the dollar reached 75, triggering the entry setting. A survey of market prices shows that the DOT/ dollar has just shown a rising RSI reverse signal:

The USD / USD exchange rate is relatively low (indicated by the dark blue slash on the price chart), while the RSI is higher (indicated by the dark blue slash in the RSI data chart).

Using RSI as a confirmation tool, smart Cointelegraph Markets Pro traders can use the VORTECS ™score trigger to take advantage of Porto Dortmund's nearly 100 per cent gain within a month.

3. The Bollinger wavelength is used as the confirmation of the principle of VORTECS ™score trigger.

Alternatively, traders using Bollinger wavelengths can use the indicator as a confirmation triggered by a VORTECS ™score on Sept. 9. 2021.

DOT's price chart shows that on the same day that the VORTECS ™score was triggered, it fell below the bottom of the Bringer range, bringing immediate upward confirmation to the trade.

Cointelegraph's Markets Pro brings traders organization-level tools such as VORTECS ™score triggers and traditional technical index analysis. Together, this combination can be the cornerstone of high-quality, high-probability trading.

Know how Cointelegraph Markets Pro can give information that harms the market trend before this information is made public.