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How can I use the Ichimoku lagging span indicator to identify potential buy or sell signals in the cryptocurrency market?

avatarSoumya Ranjan MohantyMar 31, 2022 · 3 years ago1 answers

Can you explain how the Ichimoku lagging span indicator can be used to identify potential buy or sell signals in the cryptocurrency market?

How can I use the Ichimoku lagging span indicator to identify potential buy or sell signals in the cryptocurrency market?

1 answers

  • avatarMar 31, 2022 · 3 years ago
    As an expert in the cryptocurrency market, I can tell you that the Ichimoku lagging span indicator is a valuable tool for identifying potential buy or sell signals. However, it's important to remember that no indicator is foolproof and should be used in conjunction with other analysis techniques. At BYDFi, we have found that combining the Ichimoku lagging span indicator with other indicators such as moving averages and volume analysis can provide more accurate signals. It's always a good idea to do your own research and analysis before making any trading decisions.