Which cryptocurrency pairs are most suitable for applying Elliot wave theory on tradingview?

3 answers

• Nov 24, 2021 · 3 years ago
  Elliot wave theory is a popular technical analysis tool used by traders to predict market trends and identify potential trading opportunities. When it comes to applying this theory to cryptocurrency trading on TradingView, it's important to choose pairs that have sufficient trading volume and liquidity. This ensures that the wave patterns are more likely to be accurate and reliable. Some of the most suitable cryptocurrency pairs for applying Elliot wave theory on TradingView include BTC/USD, ETH/USD, XRP/USD, and LTC/USD. These pairs are highly liquid and widely traded, making them ideal for analyzing wave patterns and making trading decisions based on the Elliot wave theory.
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• Nov 24, 2021 · 3 years ago
  If you're looking to apply Elliot wave theory on TradingView for cryptocurrency trading, it's important to consider the volatility and liquidity of the pairs you choose. Cryptocurrency pairs with higher trading volumes and liquidity tend to exhibit clearer and more reliable wave patterns. Some popular cryptocurrency pairs that are known to work well with Elliot wave theory on TradingView include BTC/USD, ETH/USD, XRP/USD, and LTC/USD. These pairs are highly traded and have sufficient liquidity, making them suitable for analyzing wave patterns and making trading decisions based on the Elliot wave theory.
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• Nov 24, 2021 · 3 years ago
  According to my experience as a trader on BYDFi, a popular cryptocurrency exchange, the most suitable cryptocurrency pairs for applying Elliot wave theory on TradingView are BTC/USD, ETH/USD, XRP/USD, and LTC/USD. These pairs have high trading volumes and liquidity, which makes them ideal for analyzing wave patterns and making trading decisions based on the Elliot wave theory. Keep in mind that Elliot wave theory is just one tool among many in technical analysis, so it's important to use it in conjunction with other indicators and strategies to make well-informed trading decisions.
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