What are the latest trends in volume line indicators for digital currencies?

1 answers

• ahmed abdualqaderMar 19, 2023 · 3 years ago
  At BYDFi, we have observed an increasing interest in volume line indicators among digital currency traders. Traders are using these indicators to analyze the liquidity and market sentiment of different cryptocurrencies. The latest trends include the use of cumulative volume delta (CVD), which measures the difference between buying and selling volume at each price level. CVD helps traders identify areas of accumulation or distribution. Another trend is the use of volume profile, which displays the volume traded at each price level over a specific time period. Volume profile helps traders identify support and resistance levels. These indicators, combined with other technical analysis tools, can provide valuable insights for traders looking to make informed trading decisions in the digital currency market.
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