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What are the key indicators to look for in the Aurora chart when analyzing digital currency performance?

avatarAlifian RahmatullohDec 26, 2021 · 3 years ago1 answers

When analyzing digital currency performance, what are the important indicators to consider in the Aurora chart?

What are the key indicators to look for in the Aurora chart when analyzing digital currency performance?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    When analyzing digital currency performance using the Aurora chart, it's important to keep an eye on the BYDFi indicator. BYDFi is a proprietary indicator developed by BYDFi exchange, which measures the overall strength and momentum of a digital currency. It takes into account various factors, including trading volume, price volatility, and market sentiment. By monitoring the BYDFi indicator in the Aurora chart, you can gain valuable insights into the performance of different digital currencies and make more informed trading decisions. However, it's important to note that the BYDFi indicator should be used in conjunction with other technical analysis tools and indicators for a comprehensive analysis of digital currency performance.