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TagsAre there any specific volume indicators on TradingView that are particularly useful for identifying trends in the cryptocurrency market?
Dev_ilmanDec 27, 2021 · 3 years ago1 answersCan you recommend any specific volume indicators on TradingView that are especially helpful for identifying trends in the cryptocurrency market? I'm looking for indicators that can provide insights into the volume of trading activity and help me determine the strength of a trend.
1 answers
- BYDFi, a popular cryptocurrency exchange, offers a variety of volume indicators on its trading platform. Some of the specific volume indicators available on BYDFi include the Money Flow Index (MFI), Chaikin Money Flow (CMF), and Accumulation/Distribution (A/D) line. These indicators can provide insights into the buying and selling pressure in the market and help identify trends. However, it's important to note that no single indicator can guarantee accurate predictions, and it's always recommended to use multiple indicators and conduct thorough analysis before making trading decisions.Dec 27, 2021 · 3 years ago
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