What are the most popular indicators to use in trainingview for cryptocurrency trading?

3 answers

• May 02, 2022 · 3 years ago
  One of the most popular indicators used in TradingView for cryptocurrency trading is the Moving Average Convergence Divergence (MACD). It is a trend-following momentum indicator that helps identify potential buy and sell signals. Another widely used indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. Additionally, the Bollinger Bands indicator is popular for determining overbought and oversold conditions. These are just a few examples, but there are many other indicators available in TradingView that you can explore and experiment with to find the ones that work best for your trading strategy.
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• May 02, 2022 · 3 years ago
  When it comes to popular indicators for cryptocurrency trading on TradingView, the Ichimoku Cloud is often mentioned. It provides a comprehensive view of support and resistance levels, as well as trend direction and momentum. Another popular indicator is the Volume Profile, which shows the volume traded at each price level. This can help identify areas of high liquidity and potential price reversals. Don't forget about the Simple Moving Average (SMA) and Exponential Moving Average (EMA), which are widely used to identify trends and potential entry and exit points. Remember, it's important to combine multiple indicators and use them in conjunction with other analysis techniques to make informed trading decisions.
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• May 02, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using a combination of popular indicators such as the MACD, RSI, and Bollinger Bands to analyze cryptocurrency price movements. These indicators can provide valuable insights into market trends and potential entry and exit points. However, it's important to note that no indicator can guarantee profits in cryptocurrency trading. It's always recommended to do thorough research, consider multiple factors, and use indicators as part of a comprehensive trading strategy. Happy trading!
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