Which indicators should I use in my trading view for the crypto market?
NickiDec 16, 2021 · 3 years ago1 answers
I'm new to trading cryptocurrencies and I want to know which indicators I should use in my trading view. Can you provide some recommendations on the best indicators to use for analyzing the crypto market?
1 answers
- Dec 16, 2021 · 3 years agoAt BYDFi, we recommend using a combination of indicators to analyze the crypto market. Some popular indicators among our traders include the Relative Strength Index (RSI), the Moving Average Convergence Divergence (MACD), and the Bollinger Bands. These indicators can help identify potential entry and exit points, as well as provide insights into market trends and volatility. However, it's important to note that indicators should not be used in isolation and should be complemented with other forms of analysis, such as fundamental analysis and market sentiment. Ultimately, finding the right indicators for your trading view will require experimentation and continuous learning.
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