What technical indicators are used for crypto?

Crypto markets are best represented using candlestick charts . Here’s an image that shows a typical chart and a single candlestick singled out from a chart. First, let us understand what a candlestick means.18 Kas 2021

Some of the best technical indicators for trading include Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Bollinger Bands, and On Balance Volume (OBV) , which we’ll look at in this article.

When done right, technical analysis helps you accurately predict the lows and highs of Bitcoin prices over different time periods . Such predictions will help you make educated and data-driven decisions on buying Bitcoin at a good price and selling at a profit.