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What are the best indicators to use on TradingView for ETH trading?

avatarmiaowwwwJan 07, 2022 · 3 years ago3 answers

I'm new to ETH trading and I want to know which indicators are the most effective to use on TradingView. Can anyone recommend the best indicators for analyzing ETH price movements and making trading decisions?

What are the best indicators to use on TradingView for ETH trading?

3 answers

  • avatarJan 07, 2022 · 3 years ago
    One of the best indicators to use on TradingView for ETH trading is the Moving Average Convergence Divergence (MACD). It helps identify potential trend reversals and provides signals for buying or selling ETH. Another useful indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. Additionally, the Bollinger Bands indicator can help identify overbought or oversold conditions in the ETH market. Remember to use these indicators in conjunction with other analysis tools for better accuracy in your trading decisions.
  • avatarJan 07, 2022 · 3 years ago
    When it comes to ETH trading on TradingView, the best indicators to use may vary depending on your trading strategy and personal preferences. Some traders find success with indicators like the Ichimoku Cloud, which provides a comprehensive analysis of support and resistance levels, as well as trend direction. Others prefer using the Fibonacci retracement tool to identify potential price levels for buying or selling ETH. Ultimately, it's important to experiment with different indicators and find the ones that work best for your trading style.
  • avatarJan 07, 2022 · 3 years ago
    As an expert in the field, I can confidently say that BYDFi offers a wide range of indicators that can be used for ETH trading on TradingView. Their platform provides access to popular indicators like the Moving Average, RSI, and MACD, as well as advanced indicators like the Volume Weighted Average Price (VWAP) and the Average True Range (ATR). These indicators can help traders analyze ETH price movements and make informed trading decisions. I highly recommend checking out BYDFi if you're looking for a reliable platform with powerful indicators for ETH trading.