Which indicators should I use on TradingView to predict Binance's cryptocurrency prices?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to predicting cryptocurrency prices on Binance using TradingView, there are several indicators that you can consider. One popular indicator is the Moving Average Convergence Divergence (MACD), which helps identify potential trend reversals. Another useful indicator is the Relative Strength Index (RSI), which measures the strength and speed of a price movement. Additionally, you can also use the Bollinger Bands indicator to identify potential price breakouts. Remember, no indicator can guarantee accurate predictions, so it's important to use them in conjunction with other analysis tools and strategies.
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• Dec 18, 2021 · 3 years ago
  If you're looking for a more advanced approach, you can consider using the Ichimoku Cloud indicator on TradingView. This indicator provides a comprehensive view of support and resistance levels, as well as trend direction and momentum. Another indicator worth exploring is the Fibonacci retracement tool, which helps identify potential price levels based on the Fibonacci sequence. Keep in mind that these indicators require some understanding and practice to use effectively, so make sure to do your research and backtest your strategies before making any trading decisions.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using a combination of indicators on TradingView to predict Binance's cryptocurrency prices. Some indicators to consider include the Moving Average (MA), the Relative Strength Index (RSI), and the Volume Weighted Average Price (VWAP). These indicators can provide insights into price trends, market strength, and volume patterns. However, it's important to note that no indicator can guarantee accurate predictions, as cryptocurrency markets are highly volatile and influenced by various factors. It's always recommended to use indicators in conjunction with other analysis techniques and to stay updated with the latest news and market developments.
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