What's your favorite tool or indicator when trading cryptocurrency?

Shaf

Verified member
Having a tool, strategy or indicator(s) that gives you an edge and makes you profitable in most of your trades is something every trader wants, after all no one likes to lose money.

What's your favorite tool or indicator whenever you trade?

I do find that it's easier for me when I cut out a lot of noise and use only a few tools, especially the most basic ones. Trading with simply price action, reading the information on candlesticks themselves and how support and resistance areas works help to avoid price fluctuations.

Another indicator I like is the exponential moving average especially the 21 day EMA for most coins.

What's your own favorite indicator?
 
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