What are the most popular trading view indicators used by successful cryptocurrency traders?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! Successful cryptocurrency traders often rely on a combination of technical indicators to make informed trading decisions. Some of the most popular trading view indicators used by these traders include moving averages, relative strength index (RSI), Bollinger Bands, MACD (Moving Average Convergence Divergence), and Fibonacci retracement levels. These indicators help traders identify trends, momentum, overbought or oversold conditions, and potential support and resistance levels. It's important to note that the choice of indicators may vary depending on the trader's strategy and preferences.
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• Dec 28, 2021 · 3 years ago
  Well, successful cryptocurrency traders have their own set of favorite trading view indicators. Some swear by the simple moving average (SMA) or exponential moving average (EMA) to identify trends and potential entry or exit points. Others rely heavily on oscillators like the RSI or MACD to gauge overbought or oversold conditions. Bollinger Bands are also quite popular as they help traders identify volatility and potential price breakouts. Ultimately, it's a matter of personal preference and finding the indicators that align with your trading style and goals.
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• Dec 28, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that successful cryptocurrency traders often use a combination of technical indicators on trading view. Moving averages, such as the 50-day and 200-day moving averages, are commonly used to identify trends and potential support or resistance levels. Traders also pay close attention to oscillators like the RSI and MACD to gauge market sentiment and potential reversals. Bollinger Bands are another popular indicator that helps traders identify volatility and potential breakouts. Remember, it's important to do your own research and find the indicators that work best for your trading strategy.
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