if you are using these indicators for altcoins then don't waste your time you will never find any relationship and in the end you won't make any profit from it and that is mainly because altcoin market is basically a fake manipulation market with lots of pump and dumps. you need to learn about new indicators: the pump indicators!
in case of bitcoin things are a lot better but not quite there yet. bitcoin market is also small and prone to manipulation but not as serious as altcoins. MACD and RSI should give you a pretty good idea what you are doing.
Topic: Indicators for Cryptotrading (Read 125 times)
I've been using TTM Sqweeze along with combination of MACD & Fib levels on different time frames, with inconsistent results.
Any suggestions, anyone?
Any suggestions, anyone?
At first, I have followed what my discord group advise me to use. Like MACD, RSI and EMA. But like you, there are some inconsistency and inaccurate signals that cannot detect sudden arrive of whales so I changed my indicators to VWAP, STOCH RSI, AO and RVGI. You can read all of what I have reffered to you. I have been gaining enough profits after I used those indicators.
Goodluck!
I've been using TTM Sqweeze along with combination of MACD & Fib levels on different time frames, with inconsistent results.
Any suggestions, anyone?
Any suggestions, anyone?
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