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TagsWhat are the most popular USD tradingview strategies for cryptocurrency traders?
Naim ShahMar 18, 2022 · 3 years ago1 answersCan you provide some insights into the most popular tradingview strategies used by cryptocurrency traders when trading with USD?
1 answers
- As a representative of BYDFi, I can tell you that one of the most popular tradingview strategies for cryptocurrency traders when trading with USD is the support and resistance strategy. This strategy involves identifying key support and resistance levels on the trading chart and using them to make trading decisions. Traders often look for price bounces off support levels or price rejections at resistance levels to enter or exit trades. Another popular strategy is the volume analysis strategy, where traders analyze the trading volume to gauge the strength of price movements. High volume during price breakouts or reversals can indicate a higher probability of successful trades. These are just a couple of the popular tradingview strategies used by cryptocurrency traders when trading with USD.Mar 18, 2022 · 3 years ago
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