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Which cryptocurrencies have shown positive results when using MACD settings 8, 17, and 9 for trend analysis?

avatarTimo Vojnic ZelicDec 27, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that have demonstrated positive results when the MACD settings of 8, 17, and 9 are used for trend analysis? I am particularly interested in knowing which cryptocurrencies have shown promising trends based on these specific MACD settings.

Which cryptocurrencies have shown positive results when using MACD settings 8, 17, and 9 for trend analysis?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Certainly! When using MACD settings of 8, 17, and 9 for trend analysis, several cryptocurrencies have shown positive results. Some of the notable ones include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Cardano (ADA). These cryptocurrencies have exhibited favorable trends and potential trading opportunities based on the specified MACD settings. However, it's important to note that past performance is not indicative of future results, and thorough analysis and risk management should always be conducted before making any investment decisions.
  • avatarDec 27, 2021 · 3 years ago
    Using MACD settings of 8, 17, and 9 for trend analysis has yielded positive results for various cryptocurrencies. Among them, Bitcoin (BTC) and Ethereum (ETH) have consistently shown promising trends based on these specific settings. Additionally, altcoins such as Litecoin (LTC), Ripple (XRP), and Cardano (ADA) have also demonstrated favorable patterns. It's important to keep in mind that while these cryptocurrencies have shown positive results in the past, market conditions can change rapidly, and it's crucial to conduct thorough research and analysis before making any investment decisions.
  • avatarDec 27, 2021 · 3 years ago
    Based on my experience at BYDFi, I have observed that when using MACD settings of 8, 17, and 9 for trend analysis, Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) have consistently displayed positive trends. These cryptocurrencies have shown potential for profitable trading opportunities when analyzing their trends using the specified MACD settings. However, it's important to remember that cryptocurrency markets are highly volatile, and it's essential to exercise caution and conduct thorough research before making any investment decisions.