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What are the top indicators to use on tradingview for cryptocurrency trading in 2024?

avatarRiyadh AhsanDec 17, 2021 · 3 years ago3 answers

As a cryptocurrency trader in 2024, I'm looking for the best indicators to use on TradingView. Which indicators should I focus on to make informed trading decisions and maximize my profits?

What are the top indicators to use on tradingview for cryptocurrency trading in 2024?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    As a seasoned cryptocurrency trader, I highly recommend using the Moving Average Convergence Divergence (MACD) indicator on TradingView. It helps identify potential trend reversals and provides valuable insights into market momentum. Combine it with other indicators like the Relative Strength Index (RSI) and Bollinger Bands for a comprehensive analysis of price movements. Happy trading! 💪
  • avatarDec 17, 2021 · 3 years ago
    Hey there! When it comes to cryptocurrency trading, it's important to keep an eye on indicators like the Ichimoku Cloud and the Volume Weighted Average Price (VWAP). These indicators can help you identify support and resistance levels, as well as potential entry and exit points. Remember to always do your own research and use indicators as tools, not guarantees. Good luck! 🙂
  • avatarDec 17, 2021 · 3 years ago
    As an expert at BYDFi, I can confidently say that the top indicators to use on TradingView for cryptocurrency trading in 2024 are the Fibonacci retracement levels and the Stochastic Oscillator. These indicators can help you identify key price levels and potential overbought or oversold conditions. Combine them with your own analysis and risk management strategies for optimal results. Happy trading! 💰