Kdj Indicator – Technical Analysis Indicator Explained | Kdj Indicator Binance
What is Kdj Indicator?
Kdj Indicator Trading Strategy.
What is kdj Indicator: kdj indicator is a technical analysis indicator tool employed in technical analysis. It is a “Leading Indicator” as the data presented by the kdj indicator is the data of the market at that moment. It follows the trend as the trend goes.
Kdj Indicator trading strategy employes the kdj indicator in spotting change of trend, overbought and oversold and in spotting an entry and exit of a trade. In Kdj indicator binance showcases 20 as oversold abd 80 as overbought positions, so positions above these shows the asset is overold and overbought.
Kdj indicator has 3 lines stated the K Line, D Line and J Line and arr coloured as Yellow, Pink and Purple. The J Line shows the rate of divergence and convergence of the K and D Lines as stated in Kdj Indicator – Technical Analysis Indicator Explained | Kdj Indicator Binance.
At the end of this video you will understand the basics of how to trade the kdj and even using the RSI to confirm your entry or exit using the Kdj Indicator – Technical Analysis Indicator Explained | Kdj Indicator Binance.
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