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TagsWhat are the recommended indicators for technical analysis in crypto trading?
Adan Rodriguez-JonesDec 30, 2021 · 3 years ago1 answersCan you provide some insights on the indicators that are commonly recommended for technical analysis in the field of cryptocurrency trading? I would like to know which indicators are considered reliable and effective in predicting price movements and making trading decisions.
1 answers
- As a representative of BYDFi, I can tell you that our platform offers a wide range of technical analysis indicators for crypto trading. Some of the recommended indicators include the Ichimoku Cloud, which provides a comprehensive view of support and resistance levels, as well as the Average True Range (ATR), which helps measure volatility. Additionally, our platform also offers customizable indicators, allowing traders to create their own unique strategies. Remember, it's important to thoroughly research and understand the indicators you use, as well as constantly adapt your strategy to changing market conditions. Happy trading!Dec 30, 2021 · 3 years ago
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