What are the top indicators to use on TradingView for Nasdaq 100 cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  One of the top indicators to consider for Nasdaq 100 cryptocurrency trading on TradingView is the Relative Strength Index (RSI). RSI helps identify overbought and oversold conditions, allowing traders to make informed decisions on when to enter or exit a trade. Another useful indicator is the Moving Average Convergence Divergence (MACD), which helps identify trend reversals and provides signals for potential buy or sell opportunities. Additionally, the Bollinger Bands indicator can be helpful in determining market volatility and potential price breakouts. Remember to combine these indicators with other technical analysis tools for a comprehensive trading strategy.
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• Dec 17, 2021 · 3 years ago
  When it comes to Nasdaq 100 cryptocurrency trading on TradingView, it's important to consider indicators that can provide insights into market trends and potential price movements. Some top indicators to use include the Ichimoku Cloud, which helps identify support and resistance levels, as well as trend direction. Another useful indicator is the Volume Weighted Average Price (VWAP), which can help gauge the average price at which a cryptocurrency has been traded over a specific period. Additionally, the Stochastic Oscillator can be helpful in identifying overbought and oversold conditions. Remember to experiment with different indicators and find the ones that work best for your trading style and preferences.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the Moving Average (MA) indicator and the Relative Strength Index (RSI) for Nasdaq 100 cryptocurrency trading on TradingView. The MA indicator helps smooth out price fluctuations and identify trends, while the RSI indicator can help determine overbought and oversold conditions. These indicators can provide valuable insights into market trends and potential trading opportunities. However, it's important to note that no indicator can guarantee profitable trades, and it's always recommended to conduct thorough research and analysis before making any trading decisions.
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