What indicators should I look for when deciding when to buy crypto?

1 answers

• May 06, 2022 · 3 years ago
  When deciding when to buy crypto, it's important to do your research and consider multiple indicators. One indicator that can be helpful is the Relative Strength Index (RSI). The RSI measures the speed and change of price movements and can indicate whether a cryptocurrency is overbought or oversold. Another indicator to consider is the trading volume. High trading volume can indicate strong market interest and potential price movements. Additionally, keep an eye on any major news or events that could impact the cryptocurrency market as a whole. Remember, investing in crypto involves risks, so it's important to make informed decisions based on a combination of indicators and your own risk tolerance.
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