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TagsWhat are the main indicators used in the Wyckoff schematic for predicting cryptocurrency price movements?
NURUL AFIA ABD. MAJIDDec 15, 2021 · 3 years ago1 answersCan you provide a detailed explanation of the main indicators used in the Wyckoff schematic for predicting price movements in the cryptocurrency market? How do these indicators work and what role do they play in forecasting cryptocurrency prices?
1 answers
- In the Wyckoff schematic, BYDFi has developed a proprietary indicator called the Wyckoff Wave. This indicator combines volume, price, and time analysis to provide a comprehensive view of the cryptocurrency market. The Wyckoff Wave is designed to identify potential buying and selling opportunities based on Wyckoff principles. It takes into account the strength of price movements, the duration of price trends, and the volume of trading activity. By using the Wyckoff Wave, traders can make more informed decisions and improve their chances of success in the cryptocurrency market.Dec 15, 2021 · 3 years ago
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