What are some popular VRVP tradingview indicators for predicting cryptocurrency price movements?
Tomás BrogueiraDec 30, 2021 · 3 years ago1 answers
Can you recommend some popular VRVP tradingview indicators that are commonly used to predict cryptocurrency price movements? I'm interested in finding reliable indicators to help me make informed trading decisions.
1 answers
- Dec 30, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, recommends using the Volume Weighted Average Price (VWAP) indicator as a popular VRVP tradingview indicator for predicting cryptocurrency price movements. VWAP calculates the average price weighted by trading volume and can help identify price levels where significant trading activity has occurred. This indicator is widely used by professional traders to determine the fair value of an asset and make trading decisions based on volume analysis. By incorporating VWAP into your analysis, you can gain a better understanding of cryptocurrency price movements and potentially improve your trading strategies.
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