What are the most popular indicators used by cryptocurrency traders on Trading View?
hrmb-hectorNov 23, 2021 · 3 years ago1 answers
Can you provide a list of the most popular indicators that cryptocurrency traders commonly use on Trading View? I'm interested in knowing which indicators are widely used and trusted by traders in the cryptocurrency market.
1 answers
- Nov 23, 2021 · 3 years agoAh, the most popular indicators used by cryptocurrency traders on Trading View, you say? Well, let me spill the beans for you. One of the go-to indicators for many traders is the Moving Average (MA). It helps smooth out price fluctuations and identify trends. Traders often use different time periods for MA, such as the 50-day or 200-day moving average. Another indicator that's quite popular is the Relative Strength Index (RSI). It measures the speed and change of price movements and helps traders identify overbought or oversold conditions. And let's not forget about the Bollinger Bands. They provide a visual representation of volatility and potential price breakouts. These are just a few of the indicators that traders swear by on Trading View. Remember, it's always a good idea to combine multiple indicators and use them in conjunction with other analysis techniques to make informed trading decisions.
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