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What are some recommended tools and indicators for day trading crypto?

avatarDhruv KumarJun 04, 2022 · 3 years ago1 answers

Can you recommend some tools and indicators that are commonly used for day trading cryptocurrencies? I'm looking for reliable resources to help me make informed trading decisions.

What are some recommended tools and indicators for day trading crypto?
Crypto
Day Trading
Tools

1 answers

  • avatarJun 04, 2022 · 3 years ago
    When it comes to day trading crypto, there are a few tools and indicators that I personally find helpful. One tool that I recommend is Coinigy, which is a cryptocurrency trading platform that allows you to connect and trade on multiple exchanges from one interface. It also provides advanced charting tools and technical indicators to help you analyze price movements and make informed trading decisions. Another useful tool is CryptoCompare, which provides real-time data on cryptocurrency prices, market trends, and trading volumes. As for indicators, I often use the Ichimoku Cloud indicator, which helps identify support and resistance levels, as well as potential trend reversals. Of course, it's important to remember that no tool or indicator can guarantee profits in day trading, so it's crucial to do your own research and analysis before making any trading decisions.

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