Are there any reliable supply and demand indicators for tradingview that are recommended for cryptocurrency trading?

3 answers

• sllava125Aug 16, 2021 · 5 years ago
  Certainly! One popular supply and demand indicator for cryptocurrency trading on TradingView is the Volume Profile indicator. It displays the trading volume at different price levels, allowing you to identify areas of high demand or supply. Another reliable indicator is the Accumulation/Distribution line, which measures the buying and selling pressure in the market. Additionally, you can also consider using the Market Profile indicator to analyze the distribution of volume across different price levels. Remember to combine these indicators with other technical analysis tools for a comprehensive trading strategy.
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• Thomas FrassonJan 31, 2022 · 4 years ago
  Yep, there are a few reliable supply and demand indicators you can use on TradingView for cryptocurrency trading. The first one is the Volume Profile indicator, which shows the trading volume at different price levels. This can help you identify areas of strong buying or selling pressure. Another useful indicator is the Accumulation/Distribution line, which measures the flow of money into or out of a cryptocurrency. Lastly, you can also check out the Market Profile indicator, which provides a visual representation of the volume distribution across different price levels. Give these indicators a try and see how they can enhance your cryptocurrency trading strategy!
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• Peppe2496Oct 18, 2023 · 3 years ago
  Absolutely! When it comes to reliable supply and demand indicators for cryptocurrency trading on TradingView, the Volume Profile indicator is a popular choice. It allows you to see the volume traded at different price levels, helping you identify areas of high demand or supply. Another indicator worth considering is the Accumulation/Distribution line, which measures the buying and selling pressure in the market. And if you want to analyze the volume distribution across different price levels, the Market Profile indicator can be a valuable tool. Remember to combine these indicators with your own analysis and trading strategy for the best results.
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