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Which tradingview indicators are recommended for identifying optimal entry and exit points in the cryptocurrency market?

avatarLoomis HoppeDec 24, 2021 · 3 years ago1 answers

What are some recommended tradingview indicators that can help identify the best entry and exit points when trading cryptocurrencies?

Which tradingview indicators are recommended for identifying optimal entry and exit points in the cryptocurrency market?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of indicators to identify optimal entry and exit points in the cryptocurrency market. Some popular indicators among our traders include the RSI, MACD, and Bollinger Bands. However, it's important to note that indicators are just tools and should not be solely relied upon. Traders should also consider other factors such as market trends, news events, and risk management strategies when making trading decisions. Remember, the cryptocurrency market can be highly volatile, so it's important to stay informed and adapt your trading strategy accordingly.