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Are there any specific trading indicators on tradingview that are known to be successful for cryptocurrency trading?

avatarHugo WalandowitschDec 27, 2021 · 3 years ago1 answers

Can you recommend any specific trading indicators on TradingView that have been proven to be successful for cryptocurrency trading? I'm looking for indicators that are widely used and have a track record of providing accurate signals for trading cryptocurrencies. It would be great if you could provide some insights on the most effective indicators and how they can be used in cryptocurrency trading.

Are there any specific trading indicators on tradingview that are known to be successful for cryptocurrency trading?
Cryptocurrency
Trading Indicators
TradingView

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As an expert in cryptocurrency trading, I can tell you that TradingView offers a wide range of trading indicators that can be useful for cryptocurrency trading. Some popular indicators include the Relative Strength Index (RSI), the Moving Average Convergence Divergence (MACD), and the Bollinger Bands. These indicators can provide insights into market trends, overbought or oversold conditions, and potential price reversals. However, it's important to note that no indicator guarantees success in trading. It's crucial to combine indicators with other analysis techniques, such as chart patterns and fundamental analysis, to make informed trading decisions. Additionally, it's recommended to regularly update and adapt your indicator settings based on market conditions and the specific cryptocurrency you're trading.

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