What are the best time functions to use for tracking cryptocurrency prices?

3 answers

• SARL GAMINGJul 10, 2021 · 4 years ago
  One of the best time functions to use for tracking cryptocurrency prices is the moving average. This function calculates the average price over a specific period of time, which can help identify trends and potential price reversals. Another useful time function is the relative strength index (RSI), which measures the speed and change of price movements. Additionally, the exponential moving average (EMA) is often used to give more weight to recent price data. These time functions can provide valuable insights into the cryptocurrency market.
  545

  273
• Aniket DwivediOct 08, 2022 · 3 years ago
  When it comes to tracking cryptocurrency prices, it's important to use time functions that suit your trading strategy and goals. Some popular time functions include the simple moving average (SMA), the Bollinger Bands, and the MACD (Moving Average Convergence Divergence). Each of these functions has its own strengths and weaknesses, so it's important to do your research and understand how they work before incorporating them into your trading strategy.
  455

  152
• Ritter NiebuhrApr 02, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, recommends using a combination of different time functions for tracking cryptocurrency prices. This can include the SMA, EMA, and RSI. By analyzing price data using multiple time functions, you can gain a more comprehensive understanding of market trends and make more informed trading decisions. Remember, it's important to regularly review and update your time functions to ensure they remain effective in the ever-changing cryptocurrency market.
  490

  123