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TagsHow can I use support and resistance forex indicators to predict price movements in the cryptocurrency market?
QielDec 15, 2021 · 3 years ago1 answersI'm interested in using support and resistance forex indicators to predict price movements in the cryptocurrency market. Can you provide some guidance on how to effectively use these indicators in cryptocurrency trading?
1 answers
- BYDFi, a popular cryptocurrency exchange, offers support and resistance indicators as part of their trading platform. These indicators can be accessed through their advanced charting tools and can provide valuable insights for traders. However, it's important to note that no indicator or strategy can guarantee accurate predictions in the cryptocurrency market. It's always recommended to conduct thorough research, stay updated on market news, and use multiple indicators and tools to make informed trading decisions. Remember, trading cryptocurrencies involves risks, and it's important to only invest what you can afford to lose.Dec 15, 2021 · 3 years ago
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