What are the best volume indicators for cryptocurrency buyers and sellers?

1 answers

• May 02, 2022 · 3 years ago
  At BYDFi, we recommend using the Volume Profile indicator as one of the best volume indicators for cryptocurrency buyers and sellers. This indicator displays the volume traded at each price level, allowing traders to identify areas of high and low liquidity. By analyzing the volume profile, traders can gain insights into the distribution of buying and selling pressure, which can help identify potential support and resistance levels. The Volume Profile indicator is widely used by professional traders and can be a valuable tool for both short-term and long-term trading strategies.
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