NirupamNov 23, 2021 · 3 years ago5 answersCan Renko charts be used to predict price movements in the cryptocurrency market?
Can Renko charts, a type of technical analysis tool, be effectively used to predict price movements in the highly volatile cryptocurrency market? How does the unique structure of Renko charts contribute to their potential predictive power? Are there any limitations or drawbacks to relying solely on Renko charts for price prediction in the cryptocurrency market? What are some alternative or complementary methods that can be used in conjunction with Renko charts to enhance price prediction accuracy?
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