Are there any alternative indicators to the alligator indicator that are specifically designed for analyzing digital currencies?

1 answers

• Bailey McKayMay 21, 2021 · 4 years ago
  Certainly! Apart from the alligator indicator, you might want to consider using the Volume Weighted Average Price (VWAP) indicator. VWAP calculates the average price of a digital currency based on both volume and price, giving more weight to higher volume trades. It can help identify the average price levels at which most trading activity has occurred, which can be useful for determining support and resistance levels. Another alternative indicator is the On-Balance Volume (OBV) indicator. OBV measures buying and selling pressure by adding or subtracting volume based on whether the price moves up or down. It can help identify potential trend reversals and confirm the strength of a trend. These alternative indicators can provide additional insights into the price movements of digital currencies and enhance your analysis.
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