What are some recommended tools and indicators for day trading crypto?
Ismail SulaimanDec 29, 2021 · 3 years ago1 answers
Can you recommend some tools and indicators that are commonly used for day trading cryptocurrencies? I'm looking for reliable resources to help me make informed trading decisions.
1 answers
- Dec 29, 2021 · 3 years agoWhen it comes to day trading crypto, there are a few tools and indicators that I personally find helpful. One tool that I recommend is Coinigy, which is a cryptocurrency trading platform that allows you to connect and trade on multiple exchanges from one interface. It also provides advanced charting tools and technical indicators to help you analyze price movements and make informed trading decisions. Another useful tool is CryptoCompare, which provides real-time data on cryptocurrency prices, market trends, and trading volumes. As for indicators, I often use the Ichimoku Cloud indicator, which helps identify support and resistance levels, as well as potential trend reversals. Of course, it's important to remember that no tool or indicator can guarantee profits in day trading, so it's crucial to do your own research and analysis before making any trading decisions.
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