What are the key indicators to look for in the accumulation distribution chart for cryptocurrency trading?

3 answers

• Nov 26, 2021 · 3 years ago
  The accumulation distribution chart is a useful tool for analyzing the flow of money in and out of a cryptocurrency. Some key indicators to look for in this chart include the volume of trades, the rate of price change, and the overall trend of the chart. These indicators can help identify periods of accumulation or distribution, which can be useful for making trading decisions.
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• Nov 26, 2021 · 3 years ago
  In the accumulation distribution chart, it's important to pay attention to the volume of trades. High volume during an upward trend indicates accumulation, while high volume during a downward trend suggests distribution. Additionally, the rate of price change can provide insights into the strength of accumulation or distribution. A steady increase in price with high volume indicates strong accumulation, while a rapid decrease in price with high volume suggests strong distribution.
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• Nov 26, 2021 · 3 years ago
  When analyzing the accumulation distribution chart, it's important to consider the overall trend. An upward trend with increasing volume indicates accumulation, while a downward trend with increasing volume suggests distribution. It's also worth noting that different cryptocurrencies may have different patterns in their accumulation distribution charts, so it's important to study each chart individually.
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