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nicolas1234789

Which the best indicator to predict market direction

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For this purposes I only use MACD and so far not bad at all. The problem is we can't just replace our open position after line crossing, need to wait and sometimes I get late. In your experience which one is the best indicator to predict market direction?

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There is no tool that can assert to assess the trend of the market 100% of all, it is just a support to see if it can make the right trend. your own experience
Good luck

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I think 200 DMA (Daily Moving Averages) is best for all tradings like day trading, swing trading or long term investment. With this method we use the moving average of coin price over a certain period of time to predict its next price.

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Well, I don't use such site or anything to predict the movement of any coins or bitcoin because I only look it for myself and I'm not saying that all my predict is correct at least I always keep to myself, but after I search about what you are saying MACD it was interesting though maybe I will try this and perhaps it could help me a lot with its indicators.

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This indicator works very well for understanding the market, I myself used the indicator at one time, if you forex to understand the market then this indicator will be most useful to you.

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Many of us rely on a lot of signals to get market guidance, and these signals often work for everyone and never work for anyone.  But in our trading, we can be successful through some signal adoption.  So the signals give us a lot of direction that works.

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i dont understand why so many people really believe that there are indicators that will help you know where the market is going because this market is rogue and abide to no rule.

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19 minutes ago, huyscoi40 said:

I do not use this site or anything to predict the movement of any currency, all are predictions and it is never accurate.

i have seen experts saying ichimuku clouds will 100% predict the correct market sentiment and how it will be acting in  matter of week but i dont think its true as i have never successfully predicted a market with it.

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In fact, I do not use a market index at the moment, as I adopted the strategy of trading on cheap currencies in the yobit platform, and this does not need to follow indicators as in the Forex market.

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You can't tell, because no tool out there can assure you fully the market trends. So stay close and don't blink cos the trend might pass you by. Lol🤗

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There is no best indicator to predict market direction. One can only guess based on what is usual about a particular product and what is likely to occur but one can not stick hundred percent to it to avoid unexpected failures. 

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I use tradingview website indicator to find the direction of market in my opinion  tradingview website is good for beginners they get better idea about market they read charts and get latest news about cryptocurrencies coinmarketcap is also very helpful in trading we can get the trading volume on different cryptocurrencies exchange finding accurate indicator  and getting perfect prediction is very difficult price of cryptocurrencies is always fluctuating it's depends on our strategy how we can make a good profit

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As with all stocks I think emotion would be the major indicator for crypto prices. I somethimes look at the fear and greed indicator which is quit good for predicing price movements.


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When I do trading I didn't use any indicator, well I think it's much better to decide on your own strategy especially if you know how the market works. 

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On 12/29/2019 at 8:28 AM, nicolas1234789 said:

For this purposes I only use MACD and so far not bad at all. The problem is we can't just replace our open position after line crossing, need to wait and sometimes I get late. In your experience which one is the best indicator to predict market direction?

Open trading view and make some lines it is better than MACD that is better for you.. Good luck ..

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technical analysis is a great way to assess the price action and trend on a cryptocurrency chart. It enables you to pick a good entry or exit point for your positions, one of this indicator used is the MACD,the most widely used and trusted absolute price oscillators out there. It attempts to predict price action by analyzing two exponential moving averages: short-term (12-day) and long-term (26-day) alongside a signal line (nine-day EMA)

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2 hours ago, bentayebsalah said:

It is difficult to determine the direction of the bearish market, but this can be expected through the news as well as the analysis

Yes, one of the most difficult things is to predict the price of future cryptocurrencies accurately and securely


 

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On 12/29/2019 at 11:28 AM, nicolas1234789 said:

For this purposes I only use MACD and so far not bad at all. The problem is we can't just replace our open position after line crossing, need to wait and sometimes I get late. In your experience which one is the best indicator to predict market direction?

I am not a good trader and have very less knowledge about trading, the terms i have mostly listen in crypto market is Technical analysis and Fundamental analysis, also third one is candlestick. 


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The best indicator for predicting the direction of the market is the MACD, which is considered to be one of the very strong indicators in determining the direction for large cryptocurrencies

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MACD indicators are not gave us clear trend of the market this is the indicator that gaves us signals are when are formed we need indicators that gave us precaution about trend can be formed that is bollinger band indicator.

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I know MACD and I use it several times. I find it quite useful, but I know that no prediction is absolutely accurate or certain. So is MACD. I have a buddy group participating in cryptocurrencies and I have my own analyst

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In crypto especially it is extremely hard to predict the direction of the price and the future prices for investment. If this was that simple then many people would be making investments and becoming rich in trading. Dur to the volatility the price can fluctuate greatly in a day. Therefore in order to predict the direction we can look at market trends and try to reduce the risk.


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I don't believe you can find a reliable pointer resource which will find out a track of your sector. This marketplace track might exclusively often be probable working with a variety of tactics, including specialized study, and possibly lots of people apply information.

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