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TagsWhat tools and indicators should I use for crypto day trading?
Haugaard BuckleyDec 29, 2021 · 3 years ago1 answersI'm new to crypto day trading and I'm wondering what tools and indicators I should use to make informed trading decisions. Can you recommend any specific tools or indicators that are commonly used by experienced traders?
1 answers
- When it comes to crypto day trading, I recommend using a combination of technical analysis tools and market sentiment indicators. Tools like moving averages, Fibonacci retracement, and Ichimoku Cloud can help you identify trends and potential reversal points. Market sentiment indicators like social media sentiment analysis and on-chain data can provide insights into market psychology and potential price movements. Remember, it's important to stay updated with the latest news and events in the crypto world to make informed trading decisions.Dec 29, 2021 · 3 years ago
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