What are the best trading view DOM indicators for analyzing cryptocurrency markets?

3 answers

• heathrow airport taxiJun 03, 2022 · 3 years ago
  Sure, I can help you with that! When it comes to analyzing cryptocurrency markets, there are several trading view DOM indicators that can be quite useful. One popular indicator is the Volume Profile, which displays the trading volume at different price levels. This can give you insights into support and resistance levels, as well as areas of high trading activity. Another useful indicator is the Order Book Depth Chart, which shows the buy and sell orders at different price levels. This can help you gauge market sentiment and identify potential price reversals. Additionally, the Time & Sales indicator can provide you with real-time trade data, allowing you to see the actual trades that are taking place. These are just a few examples, but there are many other indicators available on trading view that you can explore and experiment with. Remember to combine multiple indicators and use them in conjunction with other analysis techniques for more accurate predictions.
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• Marius HTJan 27, 2023 · 2 years ago
  Finding the best trading view DOM indicators for analyzing cryptocurrency markets can be a personal preference, as different traders have different strategies and preferences. However, there are a few indicators that are commonly used and considered effective by many traders. One such indicator is the VWAP (Volume-Weighted Average Price), which calculates the average price weighted by trading volume. This indicator can help you identify the average price at which most trading activity has occurred and can be used as a reference point for determining the strength of price movements. Another popular indicator is the RSI (Relative Strength Index), which measures the speed and change of price movements. It can indicate overbought or oversold conditions and help you identify potential trend reversals. Other indicators worth exploring include Moving Averages, Bollinger Bands, and MACD (Moving Average Convergence Divergence). Remember to backtest and validate any indicators you use before relying on them for trading decisions.
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• irfan alviJun 02, 2025 · 2 months ago
  As an expert at BYDFi, I can tell you that the best trading view DOM indicators for analyzing cryptocurrency markets depend on your specific trading strategy and goals. However, there are a few indicators that are commonly used and can provide valuable insights. One such indicator is the Ichimoku Cloud, which is a comprehensive indicator that provides information about support and resistance levels, trend direction, and momentum. Another useful indicator is the Fibonacci retracement tool, which can help you identify potential levels of support and resistance based on the Fibonacci sequence. Additionally, the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are popular indicators that can help you gauge market sentiment and identify potential trend reversals. Remember to customize your indicators based on your trading style and always combine them with other analysis techniques for better accuracy.
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