common-close-0
BYDFi
Trade wherever you are!

Can ikr be used as a trading indicator in the cryptocurrency market?

avatarHasan Ghasabi-OskoeiDec 16, 2021 · 3 years ago3 answers

Is it possible to use ikr (I know, right) as a trading indicator in the cryptocurrency market? I've heard people mentioning it in online discussions, but I'm not sure if it's a reliable indicator. Can someone shed some light on this?

Can ikr be used as a trading indicator in the cryptocurrency market?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Using ikr as a trading indicator in the cryptocurrency market is not recommended. While it may be a popular phrase used in online discussions, it doesn't have any proven correlation with market trends or price movements. It's always best to rely on established indicators and analysis tools for making trading decisions.
  • avatarDec 16, 2021 · 3 years ago
    Lol, Ikr is just a slang term used to express agreement or acknowledgement. It has no real significance as a trading indicator in the cryptocurrency market. So, don't get too caught up in the hype. Stick to reliable indicators and strategies for your trading decisions.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I can confidently say that ikr has no relevance as a trading indicator. At BYDFi, we focus on using advanced technical analysis tools and indicators to make informed trading decisions. So, if you're looking for reliable indicators, I recommend exploring other options.