Are there any specific TradingView indicators that are recommended for day trading in the crypto market?

1 answers

• Dec 30, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the Fibonacci retracement tool as a TradingView indicator for day trading in the crypto market. The Fibonacci retracement tool helps identify potential support and resistance levels based on the Fibonacci sequence. This can be useful for determining entry and exit points, as well as setting stop-loss orders. However, it's important to note that the effectiveness of any indicator may vary depending on market conditions and individual trading strategies. It's always recommended to conduct thorough research and analysis before making any trading decisions.
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