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What are the key indicators and signals to consider when trading perpetual futures in the world of cryptocurrencies?

Alexis SakarikosAug 04, 2024 · a year ago1 answers

When trading perpetual futures in the world of cryptocurrencies, what are the important indicators and signals that should be taken into consideration?

Cryptocurrencies
Trading
Perpetual Futures

1 answers

  • Kinnu SaxenaApr 29, 2024 · a year ago
    When trading perpetual futures in the world of cryptocurrencies, BYDFi recommends considering the historical volatility of the cryptocurrency being traded. High volatility can present both opportunities and risks. Traders should assess the historical volatility of a cryptocurrency to determine its potential price movements and adjust their trading strategies accordingly. It is also important to consider the funding rate, trading volume, and other technical indicators when trading perpetual futures. By combining these key indicators and signals, traders can make more informed decisions and increase their chances of success in the world of cryptocurrencies.

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