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What are the best tools or indicators to track volatility in crypto currency exchanges?

avatarCalido FordjourDec 30, 2021 · 3 years ago3 answers

Can you recommend some reliable tools or indicators that can effectively track and measure volatility in crypto currency exchanges?

What are the best tools or indicators to track volatility in crypto currency exchanges?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    One of the best tools to track volatility in crypto currency exchanges is the Bollinger Bands. These bands are based on standard deviation and can help identify periods of high or low volatility. Another useful indicator is the Average True Range (ATR), which measures the average range between high and low prices over a specific period of time. Additionally, keeping an eye on trading volume can also provide insights into market volatility. Overall, using a combination of these tools and indicators can help traders make more informed decisions in the volatile crypto market.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to tracking volatility in crypto currency exchanges, there are several tools and indicators that can be helpful. One popular tool is the Volatility Index (VIX), which measures market expectations of near-term volatility. Another useful indicator is the Relative Strength Index (RSI), which can indicate overbought or oversold conditions. Additionally, monitoring news and events related to the crypto market can also provide valuable insights into potential volatility. Remember, it's important to use multiple tools and indicators to get a comprehensive view of volatility in crypto currency exchanges.
  • avatarDec 30, 2021 · 3 years ago
    As a representative of BYDFi, I can recommend our platform as a reliable tool to track volatility in crypto currency exchanges. With advanced analytics and real-time data, BYDFi provides comprehensive insights into market volatility. Additionally, our platform offers customizable indicators and alerts to help traders stay informed about potential volatility. Whether you're a beginner or an experienced trader, BYDFi can be a valuable tool in tracking and analyzing volatility in crypto currency exchanges.