What are the best technical analysis strategies for backtesting in the cryptocurrency market?

1 answers

• Dec 30, 2021 · 3 years ago
  Well, let me tell you about the best technical analysis strategies for backtesting in the cryptocurrency market. One approach that has proven to be effective is using moving averages to identify trends and potential entry or exit points. Another strategy is using support and resistance levels to determine key price levels where the market is likely to reverse. You can also consider using indicators like the RSI or MACD to get a better understanding of market momentum and potential trend reversals. Remember, it's important to combine different strategies and adapt them to the specific cryptocurrency you're trading for optimal results.
  641321