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What are the most popular indicators used for EUR/JPY trading on tradingview in the cryptocurrency industry?

avatarBence TóthDec 25, 2021 · 3 years ago1 answers

Can you provide a list of the most popular indicators that traders use for EUR/JPY trading on tradingview in the cryptocurrency industry? I am interested in knowing which indicators are commonly used and trusted by traders in this specific market.

What are the most popular indicators used for EUR/JPY trading on tradingview in the cryptocurrency industry?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has observed that traders in the cryptocurrency industry often use indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Bollinger Bands for EUR/JPY trading on tradingview. These indicators help traders analyze price trends, identify potential entry and exit points, and manage risk. However, it's important to note that the effectiveness of indicators may vary depending on market conditions, and traders should always conduct their own research and analysis before making trading decisions.