What are the recommended tools and indicators for short-term cryptocurrency trading?

1 answers

• May 01, 2022 · 3 years ago
  As an expert in short-term cryptocurrency trading, I can recommend a few tools and indicators that can be helpful. One popular tool is Coinigy, which is a comprehensive cryptocurrency trading platform that offers real-time data, charting, and trading across multiple exchanges. It allows you to monitor and analyze price movements, set alerts, and execute trades all in one place. Another useful tool is CryptoCompare, which provides a wide range of market data, including historical price charts, order books, and news. It also offers a portfolio management feature to track your investments. In terms of indicators, some commonly used ones include the relative strength index (RSI), moving averages, and volume indicators. These can help you identify overbought or oversold conditions, trends, and potential entry or exit points. Remember, it's important to combine these tools and indicators with your own analysis and risk management strategies for successful trading.
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