What is the best indicator to use on TradingView for cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  As a cryptocurrency trader, I highly recommend using the Moving Average Convergence Divergence (MACD) indicator on TradingView. It is a versatile and widely used indicator that helps identify trend reversals, momentum shifts, and potential buy/sell signals. By analyzing the MACD line and signal line crossovers, as well as the histogram, you can gain valuable insights into the market conditions and make informed trading decisions. Give it a try and see how it works for you! Happy trading! 💪
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• Dec 17, 2021 · 3 years ago
  In my experience, the Relative Strength Index (RSI) is the best indicator to use on TradingView for cryptocurrency trading. It measures the speed and change of price movements and helps identify overbought or oversold conditions. By using the RSI, you can spot potential trend reversals and take advantage of buying or selling opportunities. Remember to combine the RSI with other indicators and analysis techniques for a more comprehensive trading strategy. Good luck and happy trading! 💰
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• Dec 17, 2021 · 3 years ago
  When it comes to cryptocurrency trading on TradingView, the best indicator to use is subjective and depends on your trading style and preferences. However, one popular indicator among traders is the Bollinger Bands. This indicator helps identify volatility and potential price breakouts. By analyzing the upper and lower bands, as well as the middle band, you can gauge the market's strength and potential trend reversals. Keep in mind that no indicator is foolproof, so it's important to use it in conjunction with other analysis tools and strategies. Happy trading! 🤝
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