What is the ease of movement indicator and how does it relate to cryptocurrency trading?
Dhanush BinuDec 25, 2021 · 3 years ago1 answers
Can you explain what the ease of movement indicator is and how it is used in cryptocurrency trading?
1 answers
- Dec 25, 2021 · 3 years agoThe ease of movement indicator is a popular tool among cryptocurrency traders. It helps assess the ease or difficulty of price movement by considering both price and volume data. This indicator can be used to identify potential buying or selling opportunities, as well as to confirm the strength of existing trends. Traders often use the ease of movement indicator in combination with other technical analysis tools to make more informed trading decisions. It is important to note that the indicator should be used as part of a comprehensive trading strategy and not relied upon solely for making trading decisions.
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