What are the top indicators on TradingView that cryptocurrency traders should pay attention to?

3 answers

• Dec 18, 2021 · 3 years ago
  As a professional cryptocurrency trader, I highly recommend paying attention to the Moving Average Convergence Divergence (MACD) indicator on TradingView. This indicator helps identify potential trend reversals and provides buy and sell signals based on the convergence and divergence of moving averages. It is widely used by traders to confirm market trends and make informed trading decisions. Don't underestimate the power of MACD in your trading strategy! 😉
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• Dec 18, 2021 · 3 years ago
  Hey there, fellow crypto trader! One indicator on TradingView that you should definitely keep an eye on is the Relative Strength Index (RSI). It measures the speed and change of price movements and helps identify overbought and oversold conditions. When the RSI is above 70, it indicates overbought conditions, and when it's below 30, it indicates oversold conditions. This can be a great tool for timing your trades and spotting potential market reversals. Happy trading! 💪
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• Dec 18, 2021 · 3 years ago
  When it comes to cryptocurrency trading, one indicator that you shouldn't overlook is the Bollinger Bands on TradingView. These bands consist of a simple moving average and two standard deviation lines. They help identify volatility and potential price breakouts. When the price touches the upper band, it may indicate overbought conditions, and when it touches the lower band, it may indicate oversold conditions. Keep an eye on the Bollinger Bands to spot potential trading opportunities! 💰
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