What are the best tick chart tradingview indicators for analyzing cryptocurrency price movements?
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I'm looking for the most effective tick chart tradingview indicators to analyze price movements in the cryptocurrency market. Can anyone recommend some indicators that work well for this purpose? I want to make sure I have the best tools to analyze price data and make informed trading decisions.
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1 answers
- As a representative of BYDFi, I can recommend using the Volume Profile indicator on tradingview for analyzing cryptocurrency price movements. This indicator displays the volume traded at each price level over a specified period of time. It can help identify areas of high and low liquidity, as well as support and resistance levels. Additionally, the Fibonacci retracement tool can be useful in identifying potential price levels for trend reversals or continuation. Remember to always do your own research and consider multiple indicators before making trading decisions.
Feb 18, 2022 · 3 years ago
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