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

3 answers

• Dec 17, 2021 · 3 years ago
  One of the best indicators to use on TradingView for Shiba Inu trading is the Moving Average Convergence Divergence (MACD). It can help identify trend reversals and potential entry or exit points. Another useful indicator is the Relative Strength Index (RSI), which can indicate overbought or oversold conditions. Additionally, the Bollinger Bands can provide insights into price volatility. Remember to use these indicators in conjunction with other analysis tools for a more comprehensive trading strategy.
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• Dec 17, 2021 · 3 years ago
  When it comes to trading Shiba Inu on TradingView, it's important to consider a combination of indicators to make informed decisions. Some popular indicators among traders include the Exponential Moving Average (EMA), the Ichimoku Cloud, and the Volume Weighted Average Price (VWAP). These indicators can help you identify trends, support and resistance levels, and potential price reversals. Experiment with different indicators and find the ones that work best for your trading style and goals.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using a combination of indicators for Shiba Inu trading on TradingView. The Moving Average (MA), the Relative Strength Index (RSI), and the Stochastic Oscillator are among the commonly used indicators. These indicators can provide insights into price trends, momentum, and potential overbought or oversold conditions. Remember to conduct thorough research and practice risk management when using indicators to make trading decisions.
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