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What are the recommended settings for the EMA and RSI indicators when analyzing cryptocurrency price movements?

avatarMadara-x-ZihadNov 28, 2021 · 3 years ago1 answers

When analyzing cryptocurrency price movements, what are the recommended settings for the Exponential Moving Average (EMA) and Relative Strength Index (RSI) indicators?

What are the recommended settings for the EMA and RSI indicators when analyzing cryptocurrency price movements?
Cryptocurrency
EMA
RSI

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we recommend using a 9-day EMA and a 14-day RSI when analyzing cryptocurrency price movements. These settings have been found to provide a good balance between responsiveness and reliability. However, it's important to remember that no single indicator or setting can guarantee accurate predictions in the volatile cryptocurrency market. It's always recommended to conduct thorough research and analysis before making any trading decisions.

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