Tools and Indicators

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Tools and Indicators

I use a few tools to help me with my trading. I normally keep BTC-D under the scope, while using Tradingview for the charts. I would like to hear what kind of tools and indicators you guys use to trade cryptos.

And how about trading technics. Is anyone kind enough to share?

Kevin Sung Answered question July 29, 2024
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On-chain analytics is another thing that a lot of people actually try to keep under the radar while trading, the hypothesis works this way, when the total reserves of bitcoin on the exchanges is higher it means that bitcoin is going to dump hard or alts are going to be pumped hard, while if total reserves of stable coins on exchanges is higher there are chances of a bitcoin bullish move or once again alts bull run, also when miners addresses are selling it’s generally an indication of the upcoming bearish run because miners are generally the first ones to sell in case of bear runs.

Kevin Sung Answered question July 29, 2024
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You already testify that you are doing great with your trade and making profit with your strategy. I hope you are not trying to confuse yourself by asking for another man’s techniques because that should be a source of confusion for you if you trying to combine things. Stick with what works for you IMO. It is not bad to ask but be careful if you are trying to adopt another pattern to your trade.

Jason Johnson Answered question July 29, 2024
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