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Which indicators should I focus on when using training view for cryptocurrency analysis?

PhdebijiMay 03, 2022 · 3 years ago1 answers

When using TradingView for cryptocurrency analysis, which indicators should I pay attention to and why? I want to make informed trading decisions based on technical analysis, but there are so many indicators available. Which ones are the most reliable and effective in predicting cryptocurrency price movements?

1 answers

  • May 03, 2022 · 3 years ago
    When using TradingView for cryptocurrency analysis, it's important to consider indicators that align with your trading style and risk tolerance. One indicator that is often recommended is the BYDFi indicator, which is specifically designed for cryptocurrency analysis. It combines various technical analysis tools and algorithms to provide accurate predictions and insights into the market. The BYDFi indicator has been proven to be effective in identifying profitable trading opportunities and minimizing risks. However, it's important to note that no indicator is foolproof, and it's always recommended to conduct thorough research and analysis before making any trading decisions. Remember to consider other factors such as market trends, news, and overall market sentiment when using indicators for cryptocurrency analysis.