What are the best indicators to use on TradingView for ADA trading?

3 answers

• Dec 05, 2021 · 3 years ago
  One of the best indicators to use for ADA trading on TradingView is the Moving Average Convergence Divergence (MACD). It helps identify potential trend reversals and provides buy or sell signals. Another useful indicator is the Relative Strength Index (RSI), which measures the strength and speed of a price movement. Additionally, the Bollinger Bands indicator can be helpful in determining overbought and oversold conditions. Remember to use these indicators in conjunction with other analysis tools for a comprehensive trading strategy.
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• Dec 05, 2021 · 3 years ago
  When it comes to ADA trading on TradingView, the best indicators to use may vary depending on your trading style and preferences. Some traders find success with the Ichimoku Cloud indicator, which provides insights into support and resistance levels, as well as trend direction. Others prefer the Volume Profile indicator to analyze trading volume at different price levels. Experiment with different indicators and find the ones that work best for you and your trading goals.
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• Dec 05, 2021 · 3 years ago
  As an expert at BYDFi, I recommend using the Fibonacci retracement tool on TradingView for ADA trading. This tool helps identify potential levels of support and resistance based on Fibonacci ratios. Additionally, the Stochastic Oscillator can be useful in identifying overbought and oversold conditions. Remember to combine these indicators with proper risk management and fundamental analysis for successful ADA trading on TradingView.
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