IntroToCryptos.ca
Part 6 — Technical Indicators That Confirm Your Signals
Indicators Confirm — They Do Not Predict · RSI, Ichimoku Cloud, and Parallel Channels · Swing Trading vs Trend Trading · Where to Go Next
Still hunting for the one magic indicator that prints money? I will save you the search — it does not exist.
Part 6 is the final layer of the toolkit, and it works only because everything underneath it is already in place. These indicators do not predict the future and they do not replace the patterns you have learned. They confirm.
We cover four of them: the Relative Strength Index for cryptos, the Ichimoku Cloud, parallel channels, and the swing trading approach. Each has specific conditions where it helps and where it does not.
Their real job is to filter your watchlist and cut down false signals. The 1-2-3 formation, on its own, fails about 8 times out of 10. Confirmation tools are how you avoid acting on the bad ones.
In the system I trade, these indicators feed the coins that flow into Stage 1. A valid entry still needs the three signals to line up — an EMA crossover, a trendline break, and a break of Point 2 on the 1-2-3. No single indicator stands alone.
One last point that trips people up: swing trading and trend trading are not rivals. They can give opposite signals at the same moment and both be right, because they are playing different parts of the same move.
The simplest way to put the EMA crossover signal on your own charts is the indicator I built for TradingView.
Get the EMA Crossover indicator
Trade safe, and keep those losses small. Cheers.
