Which indicators should I use on the crypto screener tool in TradingView to identify trend reversals?

1 answers

• Apr 30, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of indicators on the crypto screener tool in TradingView to identify trend reversals in the cryptocurrency market. One effective strategy is to use a combination of the MACD, RSI, and Bollinger Bands indicators. By analyzing the signals generated by these indicators, you can get a better understanding of the market sentiment and identify potential trend reversals. However, it's important to note that no indicator is foolproof, and it's always a good idea to use other forms of analysis, such as chart patterns and fundamental analysis, to confirm your findings. Remember, trading cryptocurrencies involves risks, and it's important to do your own research and make informed decisions.
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