common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are the key indicators to look for when applying ichimoku trading strategies in the digital currency space?

avatarpepo saidNov 24, 2021 · 3 years ago1 answers

When applying ichimoku trading strategies in the digital currency space, what are the key indicators that should be considered?

What are the key indicators to look for when applying ichimoku trading strategies in the digital currency space?

1 answers

  • avatarNov 24, 2021 · 3 years ago
    When applying ichimoku trading strategies in the digital currency space, it is crucial to consider key indicators such as the Tenkan-Sen line, Kijun-Sen line, Senkou Span A and Senkou Span B lines, and the Chikou Span line. These indicators can provide valuable insights into market trends, support and resistance levels, and potential entry and exit points. By analyzing these indicators, traders can make more informed decisions and improve their trading strategies. It's important to note that different digital currency exchanges may have slight variations in their trading platforms and indicators, so it's always a good idea to familiarize yourself with the specific indicators used on the platform you are trading on.