Which cryptocurrencies are recommended for reverse position trading on TradingView?

3 answers

• Nutthapat MingmalairakMay 29, 2022 · 3 years ago
  When it comes to reverse position trading on TradingView, there are several cryptocurrencies that have shown promising results. One of the top choices is Bitcoin (BTC), which has a strong track record and high liquidity. Ethereum (ETH) is another popular option, known for its volatility and potential for quick gains. Other cryptocurrencies worth considering include Ripple (XRP), Litecoin (LTC), and Binance Coin (BNB). These cryptocurrencies have a good trading volume and are frequently traded on TradingView, making them suitable for reverse position trading.
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• Khodor ItaniJun 03, 2025 · 2 months ago
  Reverse position trading on TradingView requires careful analysis and consideration. While there is no definitive answer to which cryptocurrencies are the best for this strategy, some traders have found success with altcoins like Cardano (ADA), Polkadot (DOT), and Chainlink (LINK). These cryptocurrencies have shown significant price movements and offer opportunities for profitable trades. However, it's important to note that reverse position trading involves risks, and it's essential to conduct thorough research and stay updated with market trends.
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• Lynn TanMay 24, 2021 · 4 years ago
  As an expert at BYDFi, I can recommend a few cryptocurrencies for reverse position trading on TradingView. Bitcoin (BTC) and Ethereum (ETH) are the top choices due to their high liquidity and market dominance. Additionally, altcoins like Cardano (ADA), Polkadot (DOT), and Chainlink (LINK) have shown promising performance for this trading strategy. However, it's crucial to remember that reverse position trading involves risks, and it's important to set stop-loss orders and manage risk effectively. Always do your own research and consider factors like market trends, trading volume, and news events before making any trading decisions.
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