What are the most popular tradingview futures trading indicators for altcoins?

3 answers

• Nov 23, 2021 · 3 years ago
  Sure! One popular tradingview futures trading indicator for altcoins is the Moving Average Convergence Divergence (MACD). It's a trend-following momentum indicator that shows the relationship between two moving averages of an altcoin's price. Traders use the MACD to identify potential buy and sell signals, as well as to determine the strength of a trend. Another widely used indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. The RSI can help traders identify overbought or oversold conditions, indicating potential price reversals. These are just a few examples, but there are many other popular indicators available on tradingview that you can explore and experiment with to find the ones that work best for your altcoin trading strategy.
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• Nov 23, 2021 · 3 years ago
  When it comes to trading altcoins on tradingview futures, one indicator that many traders find useful is the Bollinger Bands. Bollinger Bands consist of a middle band, which is a simple moving average, and two outer bands that are standard deviations away from the middle band. The width of the bands expands and contracts based on altcoin price volatility. Traders often use Bollinger Bands to identify potential price breakouts or reversals. Another popular indicator is the Stochastic Oscillator, which compares an altcoin's closing price to its price range over a certain period of time. The Stochastic Oscillator can help traders identify overbought or oversold conditions, as well as potential trend reversals. Remember, it's important to combine multiple indicators and use them in conjunction with other analysis techniques to make well-informed trading decisions.
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• Nov 23, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, recommends using the Ichimoku Cloud indicator for altcoin trading on tradingview futures. The Ichimoku Cloud is a comprehensive indicator that provides key information about support and resistance levels, trend direction, and momentum. It consists of five lines: Tenkan-sen, Kijun-sen, Senkou Span A, Senkou Span B, and Chikou Span. Traders often use the Ichimoku Cloud to identify potential trend reversals and confirm the strength of a trend. It's a versatile indicator that can be used in various altcoin trading strategies. Give it a try and see if it fits your trading style!
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