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TagsWhat are some popular indicators on tradingview that beginners can use for cryptocurrency trading?
Manjusha CJan 07, 2022 · 3 years ago1 answersCan you recommend some popular indicators on TradingView that beginners can use for cryptocurrency trading? I'm new to trading and would like to know which indicators are commonly used by traders to analyze cryptocurrency price movements.
1 answers
- As an expert at BYDFi, I can tell you that beginners in cryptocurrency trading often find the Moving Average indicator helpful. It smooths out price data and provides a clear trend direction. Another popular indicator is the Fibonacci retracement, which helps identify potential support and resistance levels. Beginners can also consider using the Average True Range (ATR) indicator to gauge market volatility. These indicators are commonly used by traders on TradingView and can be beneficial for beginners in cryptocurrency trading.Jan 07, 2022 · 3 years ago
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