Which indicator on TradingView is most reliable for predicting cryptocurrency price movements?

3 answers

• Dec 25, 2021 · 3 years ago
  In my experience, the Moving Average Convergence Divergence (MACD) indicator on TradingView has been quite reliable for predicting cryptocurrency price movements. It helps identify potential trend reversals and provides signals for buying or selling. However, it's important to note that no indicator is foolproof, and it's always recommended to use multiple indicators and conduct thorough analysis before making trading decisions. Good luck!
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• Dec 25, 2021 · 3 years ago
  Personally, I find the Relative Strength Index (RSI) indicator on TradingView to be quite reliable for predicting cryptocurrency price movements. It helps identify overbought and oversold conditions, which can indicate potential price reversals. However, it's important to consider other factors such as market sentiment and news events that can also impact cryptocurrency prices. Remember, no indicator can guarantee accurate predictions, so always do your own research and use indicators as tools, not as crystal balls.
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• Dec 25, 2021 · 3 years ago
  From my experience as a trader, I've found that the Bollinger Bands indicator on TradingView can be quite reliable for predicting cryptocurrency price movements. It helps identify periods of high volatility and potential price breakouts. However, it's important to note that indicators should be used in conjunction with other analysis techniques, such as fundamental analysis and market sentiment, to make well-informed trading decisions. Remember, past performance is not indicative of future results.
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