What are the top tradingview strategies for profitable cryptocurrency trading?

3 answers

• Mar 18, 2022 · 3 years ago
  Certainly! One of the top tradingview strategies for profitable cryptocurrency trading is the trend-following strategy. This strategy involves identifying the prevailing trend in the market and making trades in the direction of that trend. Traders can use various indicators and tools available on tradingview to identify trends and make informed trading decisions. Another effective strategy is the breakout strategy, which involves identifying key levels of support and resistance and making trades when the price breaks out of these levels. Additionally, the mean reversion strategy can be used to take advantage of price fluctuations and trade based on the assumption that prices will eventually revert to their mean value. These are just a few examples of the many tradingview strategies that can be used for profitable cryptocurrency trading.
  848424
• Mar 18, 2022 · 3 years ago
  Hey there! If you're looking for some top tradingview strategies for profitable cryptocurrency trading, you're in the right place! One strategy that many traders swear by is the moving average crossover strategy. This strategy involves using two different moving averages, such as the 50-day and 200-day moving averages, and making trades based on the crossover of these averages. Another popular strategy is the RSI divergence strategy, which involves using the relative strength index (RSI) indicator to identify divergences between price and the RSI, indicating potential trend reversals. Don't forget about the importance of risk management and setting stop-loss orders to protect your profits!
  698233
• Mar 18, 2022 · 3 years ago
  As an expert at BYDFi, I can tell you that one of the top tradingview strategies for profitable cryptocurrency trading is the breakout strategy. This strategy involves identifying key levels of support and resistance on the tradingview charts and making trades when the price breaks out of these levels. Traders can use various indicators and tools available on tradingview to confirm breakouts and make informed trading decisions. It's important to note that no strategy is foolproof, and it's always a good idea to do your own research and analysis before making any trades. Remember to always trade responsibly and never invest more than you can afford to lose.
  664166