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How to determine the down trend crypto

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in my opinion trading in crypto currency with forex is the same, meaning we can use the same trading system in transactions, therefore we can also use the same indicators as forex when we want to see the trends that are forming in the crypto market
#31 - May 18, 2021, 05:20:57 AM

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in my opinion to determine the trend in the currency crypto the same as we use for forex trading, because technically what instruments will be the same as how to analyze it especially from the analysis technical
#32 - May 25, 2021, 02:36:04 AM

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in my opinion to define the trend in the currency of the Crypto is the same as DiForex, we can use our trading system at Forex to analyze in the currency of Crypto, and any other instrument
#33 - July 01, 2021, 02:57:07 AM

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We can use moving average or trendline to see trends that occur in the currency of Crypto or especially Bitcoin, because of sharing it is the same as forex trading
#34 - July 11, 2021, 11:23:09 PM

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Determining a downtrend in the cryptocurrency market involves analyzing price movements and using technical analysis tools. One common tool is the moving average, which helps identify the average price of a cryptocurrency over a specific period. If the current price is below the moving average, it may indicate a downtrend. Traders can also use trendlines to identify support and resistance levels and monitor price movements around those levels. Another useful tool is the Relative Strength Index (RSI), which can help identify when a cryptocurrency is oversold and due for a potential price reversal. It's important to remember that no tool is foolproof, and it's essential to combine technical analysis with fundamental analysis and risk management strategies.
#35 - March 04, 2023, 01:42:38 AM

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