How can I find the most accurate volume indicator for digital currency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  One of the most accurate volume indicators for digital currency trading is the On-Balance Volume (OBV) indicator. It measures the buying and selling pressure by adding or subtracting the trading volume based on the price movement. It can help identify potential trends and confirm price movements. Give it a try and see if it suits your trading strategy!
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• Dec 17, 2021 · 3 years ago
  Finding the most accurate volume indicator for digital currency trading can be a subjective matter as different traders may have different preferences. However, some popular volume indicators used by traders include the Money Flow Index (MFI), Chaikin Money Flow (CMF), and Volume Weighted Average Price (VWAP). It's recommended to experiment with different indicators and see which one works best for your trading style and goals.
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• Dec 17, 2021 · 3 years ago
  BYDFi offers a comprehensive volume indicator that can provide accurate information about the trading volume of various digital currencies. It takes into account factors such as liquidity, market depth, and trading activity to provide reliable volume data. You can consider using BYDFi's volume indicator as part of your trading analysis to make more informed decisions. Remember to always do your own research and consider multiple indicators before making any trading decisions.
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