What are the best chart settings for analyzing cryptocurrency trends?

1 answers

• Apr 30, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of chart settings to analyze cryptocurrency trends. Start by selecting a time frame that aligns with your trading goals. For short-term traders, a 15-minute or 1-hour chart can provide valuable insights into intraday price movements. If you're more interested in long-term trends, consider using a daily or weekly chart. In terms of indicators, popular options include moving averages, RSI, and MACD. Experiment with different settings and indicators to find what works best for you. Remember, chart analysis is just one tool in your trading arsenal. Always conduct thorough research and consider multiple factors before making any trading decisions.
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