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Understanding Cryptocurrency Trading: Essential Tools and Indicators

JamesWilder32

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Getting started with crypto, I’m curious about the tools used for trading. Could you share which bots and indicators you use and your monthly earnings on average?
 
Where is the Cypto Money Tree :D

btc-money-tree550.jpg
 
Getting started with crypto, I’m curious about the tools used for trading. Could you share which bots and indicators you use and your monthly earnings on average?

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Price action is key. Indicators help, but watching support, resistance, and candlestick patterns gives a stronger edge. I’ve found that combining volume analysis with trends improves trade accuracy a lot.
 
Volume indicators are super useful, but combining them with a solid screener makes life so much easier. I’ve had decent results mixing OBV with RSI, especially when spotting reversals. Another thing that’s helped me is using for quick alerts on unusual volume spikes—it cuts down on manual tracking and helps catch early moves. Pairing that with solid risk management has kept my trades from turning into total disasters.
 
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I found that practicing with real indicators on demo accounts helped a lot before going live. MACD and RSI are what I started with since they’re easier to read. I’ve been using axiomtrade for testing strategies because they offer clear chart setups and educational stuff without pushing too many fancy tools—you can just focus on the basics and build from there.
 
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