What are the best tradingview apple indicators for cryptocurrency trading?

3 answers

• May 10, 2022 · 3 years ago
  One of the best tradingview apple indicators for cryptocurrency trading is the MACD (Moving Average Convergence Divergence). It is a popular indicator that helps identify potential trend reversals and provides signals for buying or selling cryptocurrencies. The MACD consists of two lines, the MACD line and the signal line, and it also includes a histogram that represents the difference between the two lines. Traders often use the MACD to confirm the strength of a trend and to generate entry and exit signals. It is a versatile indicator that can be used for various timeframes and cryptocurrencies.
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• May 10, 2022 · 3 years ago
  When it comes to tradingview apple indicators for cryptocurrency trading, the RSI (Relative Strength Index) is another popular choice. The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought and oversold conditions. Traders often look for divergences between the RSI and the price to anticipate potential trend reversals. The RSI can be a valuable tool for cryptocurrency traders to determine when a cryptocurrency is overbought or oversold and may be due for a price correction.
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• May 10, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the Bollinger Bands as one of the best tradingview apple indicators for cryptocurrency trading. The Bollinger Bands consist of a middle band, an upper band, and a lower band. The middle band is a simple moving average, while the upper and lower bands are calculated based on the standard deviation of price movements. The Bollinger Bands can help traders identify volatility and potential price breakouts. When the price touches the upper band, it may indicate that the cryptocurrency is overbought, while touching the lower band may suggest that it is oversold. Traders often use the Bollinger Bands in conjunction with other indicators to make more accurate trading decisions.
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