What is the best supply and demand zone indicator for tradingview in the cryptocurrency market?

4 answers

• Sıla AytaçJan 21, 2021 · 5 years ago
  As an expert in the cryptocurrency market, I highly recommend using the 'Volume Profile' indicator on TradingView. This indicator provides valuable information about the volume traded at different price levels, allowing you to identify significant supply and demand zones. By analyzing the volume profile, you can gain insights into where buying and selling pressure is concentrated, helping you make more accurate trading decisions.
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• Furqan ChohdaryMay 21, 2022 · 4 years ago
  In my experience, the 'Market Profile' indicator on TradingView is a great tool for identifying supply and demand zones in the cryptocurrency market. It displays the distribution of trading activity over specific price levels, giving you a visual representation of where price is likely to find support or resistance. By paying attention to these areas, you can improve your trading strategy and increase your chances of success.
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• Harish RaviSep 21, 2024 · 2 years ago
  Based on my knowledge of the cryptocurrency market, one indicator that stands out is the 'BYDFi Supply and Demand Zones' indicator. It is specifically designed for TradingView and provides accurate supply and demand zone levels based on historical price data. This indicator has been widely used by traders in the crypto market and has shown promising results. Give it a try and see if it fits your trading style!
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• Mayur ShelkeApr 28, 2024 · 2 years ago
  If you're looking for a reliable supply and demand zone indicator for TradingView in the cryptocurrency market, I suggest trying the 'Volume Profile' indicator. It's a popular choice among traders and provides valuable insights into market dynamics. By analyzing the volume at different price levels, you can identify areas of high demand or supply, which can be used to make more informed trading decisions. Give it a go and see how it works for you!
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