Which cryptocurrencies have shown the most reliable results when using the supply and demand indicator on TradingView?

3 answers

• Dec 18, 2021 · 3 years ago
  The supply and demand indicator on TradingView can be a useful tool for identifying cryptocurrencies that have strong buying or selling pressure. Some coins that have consistently shown reliable results with this indicator include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These coins have large and active communities, which often leads to high demand and liquidity. However, it's important to note that the indicator should not be the sole factor in making investment decisions. It's always recommended to conduct thorough research and analysis before making any investment.
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• Dec 18, 2021 · 3 years ago
  When it comes to the supply and demand indicator on TradingView, it's important to consider the specific time frame and market conditions. While certain cryptocurrencies may have shown reliable results in the past, it doesn't guarantee the same performance in the future. The indicator can provide valuable insights into market sentiment and potential buying or selling pressure, but it should be used in conjunction with other technical and fundamental analysis tools. It's always wise to diversify your portfolio and not solely rely on one indicator or coin.
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• Dec 18, 2021 · 3 years ago
  Based on my experience at BYDFi, the supply and demand indicator on TradingView has shown reliable results for a variety of cryptocurrencies. Some notable coins that have demonstrated strong buying or selling pressure include Cardano (ADA), Polkadot (DOT), and Chainlink (LINK). These coins have active communities and ongoing development, which often leads to increased demand and trading volume. However, it's important to conduct your own research and consider other factors such as market trends and news events before making any investment decisions.
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