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What are the most popular indicators used by traders on vn.tradingview for digital currencies?

avatarAJAY BOOPATHY K ECEDec 28, 2021 · 3 years ago3 answers

Can you provide a list of the most popular indicators that traders on vn.tradingview use for analyzing digital currencies? I'm interested in knowing which indicators are commonly relied upon by traders in the Vietnamese market.

What are the most popular indicators used by traders on vn.tradingview for digital currencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One of the most popular indicators used by traders on vn.tradingview for analyzing digital currencies is the Moving Average Convergence Divergence (MACD). It helps traders identify potential trend reversals and generate buy or sell signals. Another commonly used indicator is the Relative Strength Index (RSI), which measures the strength and speed of a price movement. Traders also often rely on the Bollinger Bands indicator to identify overbought and oversold conditions. These are just a few examples of the popular indicators used by traders on vn.tradingview for digital currencies.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to analyzing digital currencies on vn.tradingview, traders often turn to indicators like the Ichimoku Cloud, which provides a comprehensive view of support and resistance levels, as well as trend direction. The Fibonacci retracement tool is also widely used for identifying potential price levels where a retracement or reversal may occur. Additionally, traders frequently use the Volume indicator to gauge the strength of buying or selling pressure in the market. These indicators, along with others, help traders make informed decisions in the Vietnamese digital currency market.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the digital currency industry, I can tell you that traders on vn.tradingview often rely on a combination of indicators to analyze digital currencies. Some popular indicators include the Moving Average (MA), the Stochastic Oscillator, and the Average Directional Index (ADX). These indicators help traders identify trends, momentum, and potential entry or exit points. It's important to note that the choice of indicators may vary among traders, as each trader has their own preferred set of tools and strategies. However, the indicators mentioned are widely used and can provide valuable insights for analyzing digital currencies on vn.tradingview.