Questions
TagsWhat indicators should I use for short term crypto trading?
Maher BeringDec 17, 2021 · 3 years ago1 answersI'm new to crypto trading and I want to know what indicators are best to use for short term trading. Can you recommend any specific indicators that can help me make better trading decisions?
1 answers
- At BYDFi, we recommend using a combination of indicators for short term crypto trading. Some indicators to consider include the Relative Strength Index (RSI), the Moving Average Convergence Divergence (MACD), and the Bollinger Bands. These indicators can help you identify potential entry and exit points, as well as determine the overall trend of the market. However, it's important to remember that indicators are just tools and should not be relied upon solely for trading decisions. Always conduct thorough research and analysis before making any trades.Dec 17, 2021 · 3 years ago
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