What are the best VRVP tradingview strategies for cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  When it comes to VRVP tradingview strategies for cryptocurrency trading, it's important to understand that VRVP (Volume Rate of Change Percentage) is an indicator that measures the rate of change in volume over a given period of time. One effective strategy is to use VRVP in conjunction with other technical indicators, such as moving averages or trend lines, to identify potential entry and exit points. By analyzing the VRVP values and comparing them to price movements, traders can gain insights into the strength of buying or selling pressure in the market. It's also worth noting that VRVP can be used to identify divergences, where the price and volume are moving in opposite directions, which can signal a potential trend reversal. Overall, the best VRVP tradingview strategies for cryptocurrency trading involve combining VRVP with other indicators and using it as a tool to confirm or validate trading decisions.
  922461
• Dec 17, 2021 · 3 years ago
  Alright, let's talk about the best VRVP tradingview strategies for cryptocurrency trading. One approach is to use VRVP as a confirmation tool for trend analysis. For example, if you identify a bullish trend based on other indicators or chart patterns, you can then look for a corresponding increase in VRVP values to confirm the strength of the trend. On the other hand, if you spot a bearish trend, you can look for a decrease in VRVP values to validate the downtrend. Another strategy is to use VRVP to identify potential breakouts or breakdowns. By monitoring VRVP values alongside price movements, you can spot situations where the volume is increasing while the price remains relatively stable, which could indicate an upcoming price movement. Remember, VRVP is just one tool in your trading arsenal, so it's important to combine it with other indicators and analysis techniques for a comprehensive trading strategy.
  921307
• Dec 17, 2021 · 3 years ago
  As an expert in cryptocurrency trading, I can tell you that VRVP tradingview strategies can be a valuable addition to your trading toolbox. While I can't speak for other exchanges, at BYDFi, we have seen traders successfully use VRVP to identify potential trading opportunities. One popular strategy is to look for divergences between VRVP and price movements. For example, if the price of a cryptocurrency is making higher highs, but the VRVP indicator is making lower highs, it could indicate a weakening trend and a potential opportunity to go short. Conversely, if the price is making lower lows, but the VRVP indicator is making higher lows, it could signal a strengthening trend and a potential opportunity to go long. Of course, it's important to conduct thorough analysis and consider other factors before making any trading decisions. Remember, trading involves risks, and it's always a good idea to do your own research and seek professional advice.
  959240