How does VWAP act as a lagging indicator in the context of cryptocurrency?

1 answers

• Qiang LiMar 19, 2022 · 3 years ago
  VWAP is a lagging indicator that can be used in cryptocurrency trading. It calculates the average price of a cryptocurrency over a specific time period, taking into account the trading volume during that period. Traders use VWAP to assess the average price at which a cryptocurrency has been traded, helping them identify potential trends and support/resistance levels. However, it's important to note that VWAP is based on historical data and may not accurately predict future price movements. Traders should consider other indicators and factors before making trading decisions solely based on VWAP.
  601

  301