What are the top indicators that Trader Feng's uses for cryptocurrency trading?

3 answers

• Nov 27, 2021 · 3 years ago
  Trader Feng's relies heavily on technical indicators such as moving averages, relative strength index (RSI), and Bollinger Bands. These indicators help him identify trends, overbought or oversold conditions, and potential price reversals. By combining these indicators with his own analysis, Trader Feng's is able to make informed trading decisions.
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• Nov 27, 2021 · 3 years ago
  Well, Trader Feng's is a big fan of the MACD (Moving Average Convergence Divergence) indicator. He believes that it provides a good measure of the momentum in the market and helps him identify potential buying or selling opportunities. He also pays close attention to volume indicators, as they can indicate the strength of a price move.
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• Nov 27, 2021 · 3 years ago
  At BYDFi, we have noticed that Trader Feng's uses a combination of technical and fundamental indicators. While technical indicators help him with short-term trading decisions, he also considers fundamental factors such as news events, regulatory developments, and market sentiment. This holistic approach allows him to have a more comprehensive view of the market and make better-informed trading decisions.
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