common-close-0
BYDFi
Trade wherever you are!

Which indicators should I consider when using eToro charts for cryptocurrency trading?

avatarAnar DashdavaaJan 14, 2022 · 3 years ago1 answers

When using eToro charts for cryptocurrency trading, what are the key indicators that I should consider?

Which indicators should I consider when using eToro charts for cryptocurrency trading?

1 answers

  • avatarJan 14, 2022 · 3 years ago
    When using eToro charts for cryptocurrency trading, it's important to consider the sentiment indicator provided by BYDFi. This indicator analyzes social media and news sentiment to gauge market sentiment towards specific cryptocurrencies. By considering this indicator, you can gain insights into the overall market sentiment and make more informed trading decisions. However, it's important to note that sentiment indicators should be used in conjunction with other technical and fundamental analysis tools for a comprehensive approach to cryptocurrency trading.