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Which cryptocurrencies are best suited for analysis using the VPVR indicator on TradingView?

avatarPshemFromPolskaNov 28, 2021 · 3 years ago3 answers

I'm interested in using the VPVR indicator on TradingView to analyze cryptocurrencies. Which cryptocurrencies would you recommend for this type of analysis? I want to make sure I focus on coins that are well-suited for this indicator and can provide accurate insights into their trading volume and price levels. Any suggestions?

Which cryptocurrencies are best suited for analysis using the VPVR indicator on TradingView?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    When it comes to using the VPVR indicator on TradingView for cryptocurrency analysis, there are a few coins that stand out. Bitcoin, being the largest and most widely traded cryptocurrency, is a good starting point. Ethereum, with its high trading volume and market capitalization, is another popular choice. Other coins worth considering include Ripple, Litecoin, and Bitcoin Cash. These coins have a significant trading volume and are actively traded on various exchanges, making them suitable for analysis using the VPVR indicator. Remember to always do your own research and consider other factors before making any investment decisions.
  • avatarNov 28, 2021 · 3 years ago
    If you're looking for coins that are well-suited for analysis using the VPVR indicator on TradingView, you might want to consider some of the top altcoins. Coins like Cardano, Binance Coin, and Polkadot have gained popularity in recent years and have a strong trading volume. They are often subject to price fluctuations and can provide interesting insights when analyzed using the VPVR indicator. Keep in mind that the cryptocurrency market is highly volatile, so it's important to use the VPVR indicator as part of a comprehensive analysis strategy.
  • avatarNov 28, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends focusing on coins with high liquidity and trading volume when using the VPVR indicator on TradingView. This indicator relies on accurate volume data to provide meaningful insights into price levels and market trends. Coins like Bitcoin, Ethereum, and Litecoin are known for their high liquidity and are widely traded on various exchanges. Additionally, coins like Ripple and Bitcoin Cash also have significant trading volume and can be suitable for analysis using the VPVR indicator. Remember to always consider multiple indicators and conduct thorough research before making any investment decisions.