Cryptocurrency Q&A
Which indicator is used by professional traders?
Which indicator is used by professional traders?
DigitalWarrior
Mon Dec 16 2024
|
7 answers
1341
I am interested in knowing which indicator professional traders commonly use for their trading decisions. I want to understand which tool or metric they rely on to analyze the market and make informed choices.
7 answers
KatanaBlade
Wed Dec 18 2024
Daily moving averages (DMA) are particularly noteworthy among various types of moving averages.
Was this helpful?
156
63
BonsaiLife
Wed Dec 18 2024
Traders often rely on DMA to make informed decisions about buying and selling.
Was this helpful?
133
53
Chiara
Wed Dec 18 2024
DMA represents the average price of an asset over a specified period, which is usually one day.
Was this helpful?
379
61
MysticInfinity
Wed Dec 18 2024
This indicator is highly valued by traders for its ability to smooth out price fluctuations.
Was this helpful?
172
56
EthereumElite
Wed Dec 18 2024
Moving averages play a significant role in technical analysis for traders.
Was this helpful?
160
80
Load 5 more related questions
