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Which tradingview android indicators are most useful for cryptocurrency trading?

avatarSmed RatliffDec 30, 2021 · 3 years ago3 answers

I'm interested in using TradingView on my Android device for cryptocurrency trading. Can you recommend some indicators that are particularly useful for this purpose? I want to make sure I have the right tools to analyze the market and make informed trading decisions. Thank you!

Which tradingview android indicators are most useful for cryptocurrency trading?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! When it comes to cryptocurrency trading on TradingView, there are several indicators that can be quite useful. One popular indicator is the Moving Average Convergence Divergence (MACD), which helps identify potential trend reversals. Another useful indicator is the Relative Strength Index (RSI), which can indicate whether a cryptocurrency is overbought or oversold. Additionally, the Bollinger Bands indicator can help identify periods of high volatility. These are just a few examples, but there are many more indicators available on TradingView that you can explore and use to enhance your cryptocurrency trading strategy.
  • avatarDec 30, 2021 · 3 years ago
    Hey there! If you're using TradingView on your Android device for cryptocurrency trading, there are a few indicators that you might find helpful. One of them is the Ichimoku Cloud indicator, which provides a comprehensive view of support and resistance levels, as well as potential trend reversals. Another useful indicator is the Volume Profile, which can help you identify areas of high trading activity and potential price levels of interest. Don't forget to also check out the Stochastic Oscillator, which can help you identify overbought and oversold conditions. These indicators can give you valuable insights into the cryptocurrency market and assist you in making informed trading decisions.
  • avatarDec 30, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that there are a few tradingview android indicators that are particularly useful for cryptocurrency trading. One of them is the Relative Strength Index (RSI), which can help you identify overbought and oversold conditions. Another useful indicator is the Moving Average Convergence Divergence (MACD), which can provide insights into potential trend reversals. Additionally, the Fibonacci Retracement tool can help you identify potential support and resistance levels. These indicators, along with many others available on TradingView, can be valuable tools for analyzing the cryptocurrency market and making informed trading decisions.