What are the most popular indicators used by cryptocurrency traders on tradingview pc?

1 answers

• Dec 17, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that many cryptocurrency traders on TradingView PC rely heavily on the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). These indicators provide valuable insights into market trends and help traders make informed decisions. The RSI measures the strength and speed of price movements, while the MACD identifies potential trend reversals. Additionally, the Bollinger Bands are widely used to determine overbought and oversold conditions. Other popular indicators include the Ichimoku Cloud and Fibonacci retracement levels. It's important to note that the choice of indicators may vary depending on the trader's strategy and preferences. Some traders may also use custom indicators or combinations of multiple indicators to gain an edge in the market. Ultimately, it's crucial to thoroughly understand the indicators you use and how they can be applied to your trading strategy for optimal results.
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