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What are the most popular tradingview indicators used by crypto traders?

avatarSabijayDec 26, 2021 · 3 years ago3 answers

As a crypto trader, I'm interested in knowing which tradingview indicators are the most popular among other crypto traders. Can you provide a list of the most commonly used indicators on tradingview for analyzing cryptocurrency markets?

What are the most popular tradingview indicators used by crypto traders?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the most popular tradingview indicators used by crypto traders is the Moving Average (MA). It helps to identify trends and potential entry or exit points. Another commonly used indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. The Bollinger Bands indicator is also widely used to determine volatility and potential price reversals. These are just a few examples, but there are many other indicators available on tradingview that can be used for technical analysis in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    Crypto traders often rely on the MACD (Moving Average Convergence Divergence) indicator to identify trend reversals and generate buy or sell signals. The Ichimoku Cloud indicator is also popular among crypto traders as it provides a comprehensive view of support and resistance levels, trend direction, and momentum. Additionally, the Fibonacci retracement tool is frequently used to identify potential price levels for entering or exiting trades. These indicators, along with others, help crypto traders make informed decisions based on technical analysis.
  • avatarDec 26, 2021 · 3 years ago
    According to a recent analysis by BYDFi, the most popular tradingview indicators used by crypto traders are the Moving Average (MA), Relative Strength Index (RSI), and Bollinger Bands. These indicators are widely used for technical analysis in the cryptocurrency market due to their effectiveness in identifying trends, potential entry or exit points, and price reversals. However, it's important to note that the choice of indicators may vary among individual traders based on their trading strategies and preferences.