Which cryptocurrencies are most suitable for implementing ichimoku strategies?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to implementing ichimoku strategies in cryptocurrency trading, it's important to consider the liquidity and volatility of the cryptocurrencies. Some of the most suitable cryptocurrencies for ichimoku strategies include Bitcoin, Ethereum, Ripple, and Litecoin. These cryptocurrencies have a large market cap and high trading volume, which makes them ideal for applying technical analysis strategies like ichimoku.
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• Dec 16, 2021 · 3 years ago
  If you're looking to implement ichimoku strategies in cryptocurrency trading, it's important to choose cryptocurrencies that have a strong trend and clear support and resistance levels. Some popular choices for ichimoku strategies include Bitcoin, Ethereum, and Binance Coin. These cryptocurrencies have a proven track record of price movements and are widely traded, making them suitable for applying ichimoku analysis.
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• Dec 16, 2021 · 3 years ago
  Based on my experience at BYDFi, I've found that Bitcoin, Ethereum, and Cardano are among the most suitable cryptocurrencies for implementing ichimoku strategies. These cryptocurrencies have a strong community and a high level of liquidity, which is essential for successful ichimoku trading. Additionally, their price movements often exhibit clear trends and support/resistance levels, making them ideal for applying ichimoku analysis.
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