What are some tips and tricks for effectively interpreting the TTM squeeze indicator on TradingView for cryptocurrency trading?

3 answers

• Johannsen DotsonJul 10, 2024 · 2 years ago
  Sure! When it comes to interpreting the TTM squeeze indicator on TradingView for cryptocurrency trading, there are a few key things to keep in mind. Firstly, pay attention to the squeeze and expansion phases. The squeeze phase indicates low volatility, while the expansion phase indicates high volatility. This can help you identify potential entry and exit points. Additionally, look for the color changes in the indicator. A green color indicates bullish momentum, while a red color indicates bearish momentum. Lastly, consider using other technical indicators and chart patterns in conjunction with the TTM squeeze indicator to confirm your trading decisions. Remember, no indicator is foolproof, so always do your own research and analysis before making any trades.
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• Bundgaard NicolaisenOct 16, 2024 · a year ago
  Alright, here's the deal. When it comes to interpreting the TTM squeeze indicator on TradingView for cryptocurrency trading, you gotta pay attention to those squeeze and expansion phases. The squeeze phase means things are getting tight and volatility is low, while the expansion phase means things are getting wild and volatility is high. Got it? Good. Now, keep an eye on the color changes in the indicator. Green means bulls are in control, while red means bears are taking over. Simple, right? But hey, don't rely solely on this indicator. Use it in combination with other tools and indicators to get a clearer picture of the market. And remember, always do your own research and don't blindly follow indicators. Stay smart, my friend!
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• Oscar AmadorApr 09, 2021 · 5 years ago
  Ah, the TTM squeeze indicator on TradingView for cryptocurrency trading. It's a nifty little tool, I must say. Now, let me give you some insights from my experience at BYDFi. When using the TTM squeeze indicator, it's important to understand the squeeze and expansion phases. During the squeeze phase, volatility is low and the market is likely to experience a breakout soon. On the other hand, the expansion phase indicates high volatility and potential trading opportunities. Keep an eye on the color changes as well. Green means bullish momentum, while red means bearish momentum. Combine this indicator with other technical analysis tools to confirm your trading decisions. Remember, the market can be unpredictable, so always stay cautious and manage your risks wisely.
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