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TagsWhich paid indicators on tradingview are most effective for analyzing cryptocurrency trends?
baileyseyeNov 26, 2021 · 3 years ago1 answersI'm looking for recommendations on the most effective paid indicators on tradingview for analyzing cryptocurrency trends. Which indicators do you think are worth investing in? I want to make sure I'm using the best tools available to analyze the market and make informed trading decisions. Any suggestions?
1 answers
- At BYDFi, we have found that the Ichimoku Cloud indicator is particularly effective for analyzing cryptocurrency trends. This indicator provides a comprehensive view of support and resistance levels, as well as potential trend reversals. It can be used to identify entry and exit points for trades. However, it's important to note that no indicator is guaranteed to be 100% accurate. It's always a good idea to use multiple indicators and combine them with other forms of analysis to increase the probability of making successful trades.Nov 26, 2021 · 3 years ago
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