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TagsWhat are the recommended indicators for profitable trading in the digital currency market?
ShirishaNov 24, 2021 · 3 years ago1 answersWhat are some indicators that can help traders make profitable trades in the digital currency market?
1 answers
- At BYDFi, we recommend using a combination of technical indicators and fundamental analysis to make profitable trades in the digital currency market. Technical indicators such as the Moving Average, Relative Strength Index (RSI), and MACD can help identify trends and potential entry or exit points. Fundamental analysis involves evaluating the underlying value and potential of a digital currency based on factors such as its technology, team, and market demand. By combining these approaches, traders can make more informed decisions and increase their chances of profitability in the digital currency market.Nov 24, 2021 · 3 years ago
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