What are some popular indicators on TradingView that can help with cryptocurrency trading?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! One popular indicator on TradingView for cryptocurrency trading is the Moving Average Convergence Divergence (MACD). It helps traders identify potential buy and sell signals by analyzing the relationship between two moving averages. Another widely used indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements to determine overbought or oversold conditions. Additionally, the Bollinger Bands indicator is often used to identify volatility and potential price breakouts. These are just a few examples, but there are many more indicators available on TradingView that can assist with cryptocurrency trading.
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• Dec 18, 2021 · 3 years ago
  When it comes to cryptocurrency trading on TradingView, some popular indicators to consider are the Ichimoku Cloud, the Fibonacci retracement levels, and the Volume Profile. The Ichimoku Cloud is a comprehensive indicator that provides insights into support and resistance levels, trend direction, and momentum. Fibonacci retracement levels are useful for identifying potential price reversal points based on the Fibonacci sequence. The Volume Profile indicator helps traders understand the volume traded at different price levels, which can be valuable for identifying areas of high interest or liquidity. These indicators can be a great starting point for your cryptocurrency trading analysis.
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• Dec 18, 2021 · 3 years ago
  As a trader at BYDFi, I can tell you that one of the popular indicators on TradingView for cryptocurrency trading is the Relative Strength Index (RSI). It is widely used to assess the strength and weakness of a cryptocurrency's price by comparing the magnitude of recent gains to recent losses. Another commonly used indicator is the Moving Average Convergence Divergence (MACD), which helps traders identify potential trend reversals and generate buy or sell signals. Additionally, the Bollinger Bands indicator is often used to measure volatility and identify potential price breakouts. These indicators can provide valuable insights for your cryptocurrency trading strategies.
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