Are there any free tools or websites that provide overbought and oversold indicators specifically for cryptocurrencies?

1 answers

• Pavel GartsevApr 03, 2023 · 2 years ago
  Yes, there are free tools and websites available that provide overbought and oversold indicators specifically for cryptocurrencies. One such tool is the Relative Strength Index (RSI), which is a commonly used indicator to identify overbought and oversold conditions. You can find the RSI indicator on various charting platforms, including TradingView and Coinigy. Additionally, some cryptocurrency exchanges, like BYDFi, offer their own overbought and oversold indicators on their trading platforms. These indicators can be useful in identifying potential buying or selling opportunities, but it's important to remember that they should not be the sole basis for making trading decisions. It's always recommended to consider other factors, such as market trends and fundamental analysis, before making any investment choices.
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