What are the best tradingview indicators for cryptocurrency trading?

3 answers

• Dec 26, 2021 · 3 years ago
  One of the best tradingview indicators for cryptocurrency trading is the Moving Average Convergence Divergence (MACD). It helps identify potential trend reversals and generate buy or sell signals. Another popular indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. Additionally, the Bollinger Bands indicator can be useful for identifying overbought or oversold conditions. Remember to use these indicators in conjunction with other analysis tools for better accuracy and confirmation of signals. Happy trading! 😊
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• Dec 26, 2021 · 3 years ago
  When it comes to tradingview indicators for cryptocurrency trading, it really depends on your trading strategy and preferences. Some traders swear by the Ichimoku Cloud indicator, which provides a comprehensive view of support, resistance, and trend direction. Others find the Volume Profile indicator helpful in analyzing trading volume at different price levels. Don't forget to experiment with different indicators and find what works best for you. Good luck and happy trading! 🚀
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) as the best tradingview indicators for cryptocurrency trading. These indicators can help you identify potential entry and exit points, as well as confirm trends. Remember to always do your own research and consider multiple indicators before making trading decisions. Happy trading with BYDFi! 🎉
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