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What role does 18cm play in the world of cryptocurrency trading?

avatarStar ExpertDec 30, 2021 · 3 years ago3 answers

What is the significance of 18cm in the realm of cryptocurrency trading? How does it impact the market and traders?

What role does 18cm play in the world of cryptocurrency trading?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    18cm is a term used in cryptocurrency trading to refer to the price movement of a particular cryptocurrency within an 18 centimeter range on a trading chart. Traders often pay close attention to these movements as they can indicate short-term trends and potential buying or selling opportunities. It is important to note that 18cm is not a universally recognized term and its significance may vary among different traders and trading platforms.
  • avatarDec 30, 2021 · 3 years ago
    In the world of cryptocurrency trading, 18cm plays a role in technical analysis. Traders use various chart patterns and indicators to make trading decisions, and the 18cm range can be one of the factors considered. However, it is just one of many indicators and should not be solely relied upon. Successful trading requires a comprehensive analysis of multiple factors, including market trends, volume, and news events.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, acknowledges the importance of 18cm in cryptocurrency trading. The platform provides traders with advanced charting tools that allow them to analyze price movements within specific ranges, including the 18cm range. Traders can set alerts and create customized trading strategies based on these price movements. BYDFi aims to empower traders with the necessary tools and information to make informed trading decisions.