Which cryptocurrencies have shown a strong correlation with MACD indicators on tradingview?

3 answers

• Dec 27, 2021 · 3 years ago
  MACD indicators have shown a strong correlation with cryptocurrencies such as Bitcoin, Ethereum, and Ripple. These cryptocurrencies have exhibited consistent patterns in relation to MACD indicators, making them popular choices for traders who rely on technical analysis. It's important to note that correlation does not imply causation, and other factors should be considered when making trading decisions. However, the correlation between MACD indicators and these cryptocurrencies can provide valuable insights for traders.
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• Dec 27, 2021 · 3 years ago
  When it comes to MACD indicators on TradingView, some cryptocurrencies that have shown a strong correlation include Bitcoin, Ethereum, Litecoin, and Cardano. These cryptocurrencies have demonstrated consistent movements in line with MACD indicators, making them attractive options for traders who use technical analysis. It's worth noting that correlation does not guarantee future performance, and additional research is always recommended before making any investment decisions.
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• Dec 27, 2021 · 3 years ago
  Based on my experience at BYDFi, I have observed that cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin have shown a strong correlation with MACD indicators on TradingView. These cryptocurrencies have consistently followed the signals provided by MACD indicators, making them popular choices for traders who rely on technical analysis. However, it's important to conduct thorough research and consider other factors before making any trading decisions.
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