Which trading view indicators are most commonly used by professional cryptocurrency traders?

4 answers

• Feb 18, 2022 · 3 years ago
  Professional cryptocurrency traders often rely on a combination of technical indicators on Trading View to analyze the market and make informed trading decisions. Some commonly used indicators include moving averages, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), Bollinger Bands, and Fibonacci retracement levels. These indicators help traders identify trends, momentum, overbought or oversold conditions, and potential support and resistance levels. By analyzing these indicators, traders can gain insights into market sentiment and make more accurate predictions about price movements.
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• Feb 18, 2022 · 3 years ago
  When it comes to trading view indicators, professional cryptocurrency traders have their favorites. Moving averages are often used to identify trends and potential entry or exit points. RSI is a popular indicator for measuring the strength and speed of price movements. MACD is great for identifying trend reversals and divergences. Bollinger Bands help traders identify volatility and potential price breakouts. Fibonacci retracement levels are used to identify potential support and resistance levels. These indicators, when used together, provide a comprehensive view of the market and help traders make more informed decisions.
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• Feb 18, 2022 · 3 years ago
  As a professional cryptocurrency trader, I have found that the trading view indicators that are most commonly used by other professionals include moving averages, RSI, MACD, Bollinger Bands, and Fibonacci retracement levels. These indicators provide valuable insights into market trends, momentum, and potential reversal points. However, it's important to note that every trader has their own preferences and strategies. Some may rely more on certain indicators while others may use a combination of different indicators. Ultimately, it's about finding what works best for you and your trading style.
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• Feb 18, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has observed that professional traders often rely on a combination of trading view indicators to make informed trading decisions. Moving averages, RSI, MACD, Bollinger Bands, and Fibonacci retracement levels are among the most commonly used indicators. These indicators help traders identify key support and resistance levels, trend reversals, and potential entry or exit points. By analyzing these indicators, professional traders can gain a better understanding of market dynamics and make more accurate predictions about price movements. It's important for traders to experiment with different indicators and find the ones that align with their trading strategies and goals.
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