Which cryptocurrencies are most commonly associated with the cumulative tick indicator and why?

7 answers

• Lechémia ThéoOct 21, 2020 · 5 years ago
  The cumulative tick indicator is commonly associated with Bitcoin, Ethereum, and Litecoin. These cryptocurrencies have a large market capitalization and high trading volumes, which makes them more likely to have significant price movements. The cumulative tick indicator measures the net number of trades occurring at the ask price minus the net number of trades occurring at the bid price. This indicator is used by traders to gauge the overall market sentiment and identify potential buying or selling opportunities. Bitcoin, Ethereum, and Litecoin are widely traded and have a large number of active traders, which increases the relevance of the cumulative tick indicator for these cryptocurrencies.
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• KAVERI cuAug 10, 2023 · 2 years ago
  When it comes to the cumulative tick indicator, Bitcoin, Ethereum, and Ripple are the most commonly associated cryptocurrencies. This is mainly because these three cryptocurrencies are among the largest in terms of market capitalization and trading volume. The cumulative tick indicator is a measure of the net number of trades occurring at the ask price minus the net number of trades occurring at the bid price. It provides insights into the overall market sentiment and can help traders identify potential trends or reversals. Given the popularity and liquidity of Bitcoin, Ethereum, and Ripple, the cumulative tick indicator is often considered more reliable for these cryptocurrencies.
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• justin whitfieldSep 25, 2022 · 3 years ago
  The cumulative tick indicator is frequently used in the analysis of Bitcoin, Ethereum, and other major cryptocurrencies. It helps traders understand the overall market sentiment by measuring the net number of trades occurring at the ask price minus the net number of trades occurring at the bid price. This indicator is particularly useful for cryptocurrencies with high trading volumes and liquidity, as it provides a more accurate representation of market dynamics. For example, BYDFi, a popular cryptocurrency exchange, offers the cumulative tick indicator for Bitcoin, Ethereum, and other major cryptocurrencies, allowing traders to make informed trading decisions based on market sentiment.
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• Omer AnsariAug 02, 2020 · 5 years ago
  Bitcoin, Ethereum, and Litecoin are the cryptocurrencies most commonly associated with the cumulative tick indicator. The cumulative tick indicator measures the net number of trades occurring at the ask price minus the net number of trades occurring at the bid price. These three cryptocurrencies have a large user base and high trading volumes, making them more likely to experience significant price movements. Traders often use the cumulative tick indicator to gauge market sentiment and identify potential buying or selling opportunities. While other cryptocurrencies may also be associated with the cumulative tick indicator, Bitcoin, Ethereum, and Litecoin are the most frequently mentioned due to their popularity and market dominance.
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• Donatas TranauskisOct 25, 2020 · 5 years ago
  The cumulative tick indicator is commonly used in the analysis of Bitcoin, Ethereum, and other major cryptocurrencies. This indicator measures the net number of trades occurring at the ask price minus the net number of trades occurring at the bid price. Bitcoin and Ethereum, being the two largest cryptocurrencies by market capitalization, are often the focus of traders using the cumulative tick indicator. However, other cryptocurrencies like Ripple, Litecoin, and Bitcoin Cash are also frequently associated with this indicator. The cumulative tick indicator provides valuable insights into market sentiment and can help traders identify potential trends or reversals in these cryptocurrencies.
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• adan volkenJan 25, 2025 · 6 months ago
  Bitcoin, Ethereum, and Ripple are the cryptocurrencies most commonly associated with the cumulative tick indicator. The cumulative tick indicator measures the net number of trades occurring at the ask price minus the net number of trades occurring at the bid price. Bitcoin and Ethereum, being the largest cryptocurrencies by market capitalization, have a significant impact on the overall market sentiment. Ripple, on the other hand, is known for its high trading volume and liquidity. Traders often rely on the cumulative tick indicator to gauge market sentiment and make informed trading decisions. While other cryptocurrencies may also be associated with the cumulative tick indicator, Bitcoin, Ethereum, and Ripple are the most frequently mentioned due to their market dominance and popularity.
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• Lechémia ThéoFeb 11, 2023 · 2 years ago
  The cumulative tick indicator is commonly associated with Bitcoin, Ethereum, and Litecoin. These cryptocurrencies have a large market capitalization and high trading volumes, which makes them more likely to have significant price movements. The cumulative tick indicator measures the net number of trades occurring at the ask price minus the net number of trades occurring at the bid price. This indicator is used by traders to gauge the overall market sentiment and identify potential buying or selling opportunities. Bitcoin, Ethereum, and Litecoin are widely traded and have a large number of active traders, which increases the relevance of the cumulative tick indicator for these cryptocurrencies.
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