How can I use a SAR calculator to analyze the price trends of digital currencies?

1 answers

• Ashok ChoudharyJul 05, 2020 · 5 years ago
  Sure thing! Using a SAR calculator can be a powerful way to analyze the price trends of digital currencies. The SAR (Stop and Reverse) indicator helps identify potential trend reversals by plotting dots on the price chart. When the dots switch from being below the price to above the price, it signals a potential downtrend, and when the dots switch from being above the price to below the price, it signals a potential uptrend. By analyzing the SAR values and their relationship with the price, you can gain insights into the strength and direction of the trend. However, it's important to remember that the SAR calculator is just one tool in your analysis arsenal. It's always recommended to use multiple indicators and conduct thorough research before making any trading decisions.
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