What trade ideas scanner settings should I use to identify potential cryptocurrency market trends?

3 answers

• Nov 26, 2021 · 3 years ago
  As an expert in the cryptocurrency market, I recommend using a trade ideas scanner with the following settings to identify potential market trends: 1. Set the scanner to scan multiple cryptocurrency exchanges to get a comprehensive view of the market. 2. Use a combination of technical indicators such as moving averages, RSI, and MACD to identify trends. 3. Set the scanner to filter for specific criteria such as volume, price movements, and market capitalization. These settings will help you spot potential trends and make informed trading decisions.
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• Nov 26, 2021 · 3 years ago
  When it comes to using a trade ideas scanner for cryptocurrency market trends, it's important to customize the settings based on your trading strategy and risk tolerance. You can start by setting the scanner to scan for specific cryptocurrencies or token types that you are interested in. Additionally, you can set the scanner to filter for specific price ranges or volume thresholds to identify potential trends. Remember to regularly review and adjust the scanner settings as market conditions change.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using a trade ideas scanner with the following settings to identify potential market trends: 1. Set the scanner to scan multiple cryptocurrency exchanges to get a comprehensive view of the market. 2. Use technical indicators such as moving averages, RSI, and MACD to identify trends. 3. Set the scanner to filter for specific criteria such as volume, price movements, and market capitalization. These settings have been proven effective in identifying potential trends in the cryptocurrency market.
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