Which indicators should I use on TradingView for Loopring trading?

3 answers

• Dec 17, 2021 · 3 years ago
  When it comes to analyzing the market for Loopring trading on TradingView, there are several indicators that you can consider. Some popular ones include the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and Bollinger Bands. These indicators can help you identify trends, momentum, and overbought/oversold conditions. It's important to note that no indicator is foolproof, so it's always a good idea to use multiple indicators and combine them with other analysis techniques for a more comprehensive view of the market. Remember, trading involves risks, and it's important to do your own research and make informed decisions. Happy trading! 💪
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• Dec 17, 2021 · 3 years ago
  If you're new to Loopring trading and looking for indicators to use on TradingView, I recommend starting with the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). These indicators can help you identify trends and potential entry/exit points. Additionally, you may want to consider using the Volume Weighted Average Price (VWAP) indicator to gauge the average price at which Loopring is being traded. Remember, indicators are just tools, and it's important to use them in conjunction with other analysis methods to make well-informed trading decisions. Good luck with your trading journey! 💰
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• Dec 17, 2021 · 3 years ago
  When it comes to Loopring trading on TradingView, it's important to consider indicators that can help you analyze the market effectively. While there are many indicators to choose from, it ultimately depends on your trading strategy and preferences. Some traders find success using indicators like the Moving Average (MA), Ichimoku Cloud, and the Relative Strength Index (RSI). These indicators can provide insights into trends, support/resistance levels, and overbought/oversold conditions. However, it's important to note that indicators are not a guarantee of success and should be used in conjunction with other analysis techniques. Best of luck with your Loopring trading endeavors! 🤝
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