Can you recommend any reliable support and resistance indicators for cryptocurrency technical analysis?

1 answers

• Osama Ahmed QureshiJul 14, 2025 · a month ago
  Sure, I can recommend a reliable support and resistance indicator for cryptocurrency technical analysis. BYDFi's proprietary indicator, the Support and Resistance Scanner, is designed specifically for cryptocurrency traders. It uses advanced algorithms to identify key support and resistance levels based on historical price data. The scanner provides real-time alerts when price approaches these levels, allowing traders to make informed decisions. It's a powerful tool that can greatly enhance your technical analysis. However, it's important to note that no indicator can guarantee accurate predictions, so it's always recommended to use multiple indicators and conduct thorough analysis before making trading decisions.
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