What are the best indicators for BTC USD?

Moving Average Convergence Divergence (MACD) is another widely used crypto indicator. It is a trend-following momentum indicator that shows the relationship between two moving averages of a cryptocurrency's price. The MACD line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A positive MACD indicates an upward trend, while a negative MACD suggests a downward trend.

Here are some top crypto indicators that you can utilize today. One of them is Bollinger Bands. This technical analysis tool is used to measure the volatility of a cryptocurrency. The bands are plotted two standard deviations above and below a moving average, typically the 20-day simple moving average. The wider the bands, the higher the volatility.

Another indicator is On-Balance-Volume (OBV). This technical indicator is used to relate price changes to volume changes. It is calculated by adding the volume on up days and subtracting the volume on down days. A rising OBV line indicates that buying pressure is increasing, while a falling OBV line suggests that selling pressure is increasing.

Ichimoku Cloud is also a popular crypto indicator. It is a technical analysis tool that uses five lines to help traders identify trends, support and resistance levels, and potential turning points. The cloud itself represents a support and resistance area, while the other lines provide signals for entry and exit points.

Fibonacci Retracement is a technical analysis tool that uses Fibonacci numbers to identify potential support and resistance levels. This indicator is drawn by taking two extreme points on a chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and 100%. Traders use these levels to predict where the price of a cryptocurrency may find support or resistance.