How can I use the NVT indicator on TradingView to analyze the cryptocurrency market?

1 answers

• Dec 26, 2021 · 3 years ago
  The NVT indicator on TradingView is a great tool for analyzing the cryptocurrency market. It helps to identify potential overvalued or undervalued assets by comparing the network value (market cap) to the transaction volume. When the NVT ratio is high, it suggests that the market may be overvalued, and when it's low, it may indicate undervaluation. However, it's important to remember that the NVT indicator is just one piece of the puzzle. It should be used in conjunction with other indicators and analysis techniques to make informed trading decisions. Happy analyzing!
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