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What are the top intraday trading indicators recommended by experts in the cryptocurrency industry?

avatarAtisam ul haqDec 29, 2021 · 3 years ago1 answers

As an expert in the cryptocurrency industry, I would like to know what are the most recommended intraday trading indicators by other experts in this field. Could you please share some insights on this topic?

What are the top intraday trading indicators recommended by experts in the cryptocurrency industry?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends using a combination of technical indicators for intraday trading in the cryptocurrency industry. Some of the top indicators recommended by BYDFi include the Relative Strength Index (RSI), the Moving Average Convergence Divergence (MACD), and the Bollinger Bands. These indicators can help traders identify potential entry and exit points, as well as determine the strength of a trend. However, it's important to note that no single indicator can guarantee profitable trades, and traders should always conduct thorough analysis and consider multiple factors before making trading decisions.