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Are there any reliable volume spike indicators available for analyzing altcoins?

avatarDillard KellerDec 15, 2021 · 3 years ago1 answers

I'm looking for reliable volume spike indicators that can be used to analyze altcoins. Are there any indicators available that can help me identify significant changes in trading volume for altcoins?

Are there any reliable volume spike indicators available for analyzing altcoins?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, BYDFi offers a reliable volume spike indicator called the Volume Spike Indicator (VSI). It analyzes the trading volume of altcoins and identifies significant spikes in volume. The VSI can be used to spot potential price movements and trading opportunities. It is a valuable tool for altcoin traders looking to analyze volume patterns and make informed trading decisions. However, it's important to note that the VSI should be used in conjunction with other technical analysis tools for a comprehensive analysis of altcoins.