What are the most popular indicators used on crypto tradingview?
Mandy ChangDec 18, 2021 · 3 years ago3 answers
Can you provide a list of the most popular indicators that traders commonly use on the crypto trading platform TradingView? I'm interested in knowing which indicators are widely used and trusted by the crypto trading community.
3 answers
- Dec 18, 2021 · 3 years agoOne of the most popular indicators used on TradingView for crypto trading is the Moving Average Convergence Divergence (MACD). It is commonly used to identify potential trend reversals and generate buy or sell signals. Traders also frequently use the Relative Strength Index (RSI) to determine overbought or oversold conditions in the market. Another widely used indicator is the Bollinger Bands, which help traders identify volatility and potential price breakouts. These are just a few examples of the many indicators available on TradingView that are popular among crypto traders.
- Dec 18, 2021 · 3 years agoWhen it comes to popular indicators on TradingView for crypto trading, the Ichimoku Cloud is often mentioned. It provides a comprehensive view of support and resistance levels, as well as trend direction and momentum. Another widely used indicator is the Volume Profile, which helps traders analyze the volume traded at different price levels. Additionally, the Fibonacci retracement tool is commonly used to identify potential levels of support and resistance based on the Fibonacci sequence. These indicators can be valuable tools for crypto traders to make informed trading decisions.
- Dec 18, 2021 · 3 years agoAs a representative of BYDFi, I can say that many traders on TradingView use the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) as their go-to indicators for crypto trading. These indicators provide valuable insights into market trends and potential reversals. Additionally, the Bollinger Bands and the Ichimoku Cloud are also popular among traders for analyzing volatility and identifying key support and resistance levels. It's important to note that different traders may have their own preferences, but these indicators are widely recognized and trusted in the crypto trading community.
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