What does ATR stand for in cryptocurrency trading?

3 answers

• Nov 26, 2021 · 3 years ago
  ATR stands for Average True Range. It is a technical analysis indicator that measures market volatility. It helps traders identify potential price movements and set stop-loss levels. ATR is calculated by taking the average of the true range, which is the greatest of the following: current high minus the current low, the absolute value of the current high minus the previous close, or the absolute value of the current low minus the previous close.
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• Nov 26, 2021 · 3 years ago
  ATR is short for Average True Range. It's a popular tool used by cryptocurrency traders to gauge market volatility. By understanding the ATR, traders can make more informed decisions about when to enter or exit trades. It's important to note that ATR is just one of many indicators used in technical analysis, and it should be used in conjunction with other tools and strategies for best results.
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• Nov 26, 2021 · 3 years ago
  ATR, which stands for Average True Range, is a widely used indicator in cryptocurrency trading. It provides traders with valuable information about the volatility of a particular cryptocurrency. By analyzing the ATR, traders can determine the potential risk and reward of a trade. It's worth mentioning that BYDFi, a popular cryptocurrency exchange, offers ATR as one of its technical analysis tools for traders to utilize in their trading strategies.
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