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Which indicators should I use on TradingView for crypto trading?

avatarAmanda SprouleDec 27, 2021 · 3 years ago3 answers

I'm new to crypto trading and I want to use TradingView for technical analysis. Can you recommend some indicators that are useful for analyzing cryptocurrency price movements?

Which indicators should I use on TradingView for crypto trading?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    As a crypto trader, there are several indicators on TradingView that you can use to analyze cryptocurrency price movements. Some popular ones include the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and Bollinger Bands. These indicators can help you identify trends, overbought or oversold conditions, and potential entry or exit points for your trades. Remember to use these indicators in conjunction with other analysis tools and strategies to make informed trading decisions.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to crypto trading on TradingView, there are a variety of indicators that can be useful. The MACD is a popular choice for identifying trend reversals, while the RSI can help you determine overbought or oversold conditions. Bollinger Bands are also commonly used to identify volatility and potential price breakouts. Experiment with different indicators and find the ones that work best for your trading style and strategy. Remember, indicators are just tools, and it's important to combine them with other forms of analysis to make well-informed trading decisions.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the crypto trading industry, I can recommend a few indicators that are commonly used on TradingView. The MACD is a great indicator for identifying trend reversals and momentum shifts. The RSI is useful for identifying overbought or oversold conditions, which can indicate potential price reversals. Bollinger Bands are also popular for measuring volatility and identifying potential breakouts. Remember, no single indicator can guarantee success in trading, so it's important to use them in combination with other analysis techniques and your own trading strategy.