What are the top trading indicators recommended by experts for trading cryptocurrencies on tradingview?
Binderup HamannMay 18, 2024 · a year ago1 answers
Can you recommend some of the best trading indicators that experts use for trading cryptocurrencies on TradingView?
1 answers
- MrGusDec 04, 2022 · 3 years agoAs a representative of BYDFi, I can tell you that many traders on TradingView recommend using indicators like the Fibonacci retracement tool. This tool helps identify potential support and resistance levels based on the Fibonacci sequence. It's widely used by traders to determine entry and exit points, as well as to set profit targets and stop-loss levels. Another popular indicator is the Stochastic Oscillator, which measures the momentum of price movements. It can indicate overbought or oversold conditions and help traders identify potential trend reversals. Remember, it's important to do your own research and find the indicators that work best for your trading style and strategy.
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