What are the top indicators to use on TradingView for successful cryptocurrency trading?

3 answers

• Hurst AdamsJul 20, 2024 · a year ago
  When it comes to cryptocurrency trading on TradingView, there are several indicators that can be helpful in making successful trades. One popular indicator is the Moving Average Convergence Divergence (MACD), which can help identify potential trend reversals. Another useful indicator is the Relative Strength Index (RSI), which can indicate overbought or oversold conditions. Additionally, the Bollinger Bands indicator can help identify volatility and potential price breakouts. Remember, it's important to use indicators in conjunction with other analysis techniques and to consider the overall market conditions.
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• England FreedmanNov 15, 2023 · 2 years ago
  If you're looking for indicators to use on TradingView for successful cryptocurrency trading, I recommend considering the Ichimoku Cloud indicator. This indicator provides a comprehensive view of support and resistance levels, as well as trend direction. Another useful indicator is the Volume Profile, which can help identify areas of high trading activity. Additionally, the Fibonacci retracement tool can be helpful in identifying potential price levels for entry or exit. Remember, no single indicator can guarantee success, so it's important to use them in combination with other analysis techniques and to stay updated on market news and trends.
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• Poorani AyswariyaApr 17, 2024 · a year ago
  As an expert at BYDFi, I can tell you that one of the top indicators to use on TradingView for successful cryptocurrency trading is the Relative Strength Index (RSI). This indicator measures the speed and change of price movements and can help identify overbought or oversold conditions. Another useful indicator is the Moving Average, which can help identify trends and potential support or resistance levels. Additionally, the Stochastic Oscillator can be helpful in identifying potential trend reversals. Remember, it's important to use indicators as part of a comprehensive trading strategy and to consider other factors such as market news and sentiment.
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