What is the zigzag pattern in Crypto?
Can you explain to me in simple terms what the zigzag pattern in cryptocurrency refers to? I've noticed it in some charts and am curious about its significance. Does it have a specific meaning or indicate a particular trend? And how can traders use this pattern to their advantage when making investment decisions?
What are the best indicators for cryptocurrency trend analysis?
As a crypto enthusiast and investor, I'm often faced with the question of how to accurately analyze trends in the volatile world of cryptocurrencies. Could you elaborate on the most effective indicators that assist in predicting market movements? Specifically, I'm interested in indicators that provide insights into market sentiment, price momentum, and any other factors that could significantly influence the direction of a cryptocurrency's trend. Additionally, are there any particular tools or platforms you recommend for analyzing these indicators efficiently?