Can we use the same analysis on forex to appropriate our trading on bitcoin like the way gold and US dollar trades same signals.
Did bitcoin has trading signals and indictors different from forex or they're all same signals and indictors but different price movement from bitcoin?
I don’t really believe in signals, so I don’t even consider using them when trading. Forex and crypto trading are not really much of a different, the volatile nature of them make them distinct from each other, but it doesn’t really has a way it moves that’s so much peculiar to one another. Indicators can be a good tool to some traders in forex market but may not be applicable to bitcoin especially when the trader doesn’t adopt it as a method of getting to win in the market.
Because forex do not actually include bitcoin signals when trading bitcoin on forex apps. Instance! When you wants to trade forex you can get signals and indictors apps from google play store but no such for bitcoin?
I have seen bitcoin trading in other forex apps used in trading, so when you’re categorizing the Bitcoin trading there, you can’t say that it cannot be included to be a part of forex or using signals and indicators for them that will not work. They’re very similar to each other and when you’ve tried to trade the both, you’ll get to see the similarities better.