What are the top crypto buy sell indicators on tradingview?

Can you recommend some of the best indicators on TradingView for buying and selling cryptocurrencies?

3 answers
- Sure! One of the top indicators for crypto trading on TradingView is the Relative Strength Index (RSI). It measures the speed and change of price movements and helps identify overbought or oversold conditions. Another popular indicator is the Moving Average Convergence Divergence (MACD), which shows the relationship between two moving averages and helps traders spot trend reversals. Additionally, the Bollinger Bands indicator is widely used to identify volatility and potential price breakouts. These are just a few examples, but there are many more indicators available on TradingView that can assist you in making informed trading decisions.
Mar 22, 2022 · 3 years ago
- When it comes to crypto trading indicators on TradingView, it's important to find ones that align with your trading strategy and risk tolerance. Some traders prefer oscillators like the Stochastic Oscillator or the Williams %R, while others rely on trend-following indicators like the Moving Average or the Ichimoku Cloud. Experiment with different indicators and see which ones work best for you. Remember, no indicator is foolproof, so it's always a good idea to combine multiple indicators and use them in conjunction with other analysis techniques.
Mar 22, 2022 · 3 years ago
- BYDFi, a popular cryptocurrency exchange, recommends using the Volume Weighted Average Price (VWAP) indicator on TradingView. VWAP calculates the average price weighted by trading volume, providing a more accurate representation of the average price paid by traders. This indicator is particularly useful for identifying support and resistance levels. Give it a try and see how it can enhance your trading strategy!
Mar 22, 2022 · 3 years ago
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