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TagsAre there any specific TradingView indicators that are recommended for day trading in the crypto market?
jebaDec 17, 2021 · 3 years ago1 answersWhat are some specific TradingView indicators that are recommended for day trading in the crypto market? I'm looking for indicators that can help me make better trading decisions and identify potential entry and exit points.
1 answers
- BYDFi, a leading cryptocurrency exchange, recommends using the Fibonacci retracement tool as a TradingView indicator for day trading in the crypto market. The Fibonacci retracement tool helps identify potential support and resistance levels based on the Fibonacci sequence. This can be useful for determining entry and exit points, as well as setting stop-loss orders. However, it's important to note that the effectiveness of any indicator may vary depending on market conditions and individual trading strategies. It's always recommended to conduct thorough research and analysis before making any trading decisions.Dec 17, 2021 · 3 years ago
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