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TagsAre there any reliable divergence indicators available on TradingView for cryptocurrency trading?
Black Wallstreet AcademyDec 27, 2021 · 3 years ago3 answersI'm looking for reliable divergence indicators on TradingView that I can use for cryptocurrency trading. Can anyone recommend any indicators that have proven to be effective in identifying divergences in cryptocurrency price movements? I would prefer indicators that are widely used and have a good track record of accuracy. Thank you!
3 answers
- Yes, there are several reliable divergence indicators available on TradingView for cryptocurrency trading. One popular indicator is the MACD (Moving Average Convergence Divergence), which is widely used by traders to identify potential trend reversals. Another reliable indicator is the RSI (Relative Strength Index), which measures the strength and speed of a price movement. Both of these indicators can be easily found on TradingView and have been proven to be effective in cryptocurrency trading. Give them a try and see how they work for you! Happy trading! 💪Dec 27, 2021 · 3 years ago
- Absolutely! TradingView offers a wide range of reliable divergence indicators for cryptocurrency trading. Some other popular indicators include the Stochastic Oscillator, the Williams %R, and the Commodity Channel Index (CCI). These indicators can help you spot divergences between price and momentum, which can be valuable signals for making trading decisions. Make sure to experiment with different indicators and find the ones that work best for your trading strategy. Good luck and happy trading! 💰Dec 27, 2021 · 3 years ago
- Yes, there are reliable divergence indicators available on TradingView for cryptocurrency trading. In fact, at BYDFi, we have developed our own divergence indicator specifically designed for cryptocurrency traders. Our indicator combines multiple technical analysis tools to identify divergences with high accuracy. It has been extensively tested and proven to be effective in predicting trend reversals in various cryptocurrencies. You can find our indicator on TradingView by searching for 'BYDFi Divergence Indicator'. Give it a try and let us know what you think! 👍Dec 27, 2021 · 3 years ago
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