ETHENA - Identifying a trend shift using RSI, MACD, EMA and DivFirst post of 2025 to start the new year Journaling and using Basic tools Offered by Tradingview. The most Common Used by traders are RSI MACD and EMA's.
I am going use these indicators with descriptors of what I came to understand after reading the "About script" and applying them to my trade Ideas to see If I can correctly Identify Strength and Weakness in markets.
I have plotted out on the charts what the use cases are for these tools.
RSI, MACD and EMA's are momentum Indicators, They are not used to identify where a reversal will happen but over a period of time where you can see trend start to shift or continue trending based on the Information they provide.
