What is Crypto Strength Meter ?
Crypto Strength Meter is a technical indication and graphical representation of the strength or weakness of crypto currencies in the Crypto market, used by Crypto traders to predict crypto currency movements when making Crypto trading decisions.
Benefits of Using Crypto Strength Meter to Trade Crypto
- Enhance refined trading entries
- Avoids over trading
- Reduces trade losses
- Avoids over analysis
- Reduces chart staring hours
- Enhance profitable trading entries
- Enhance opened trades to enter profit faster and avoid quick reversals of trading positions
- Hints Crypto traders to exit trading positions quicker before they turn into losses
- Enhance timely profit taking of appreciated trade positions before they depreciate in time
- Gives meaning to crypto currencies price movement, liquidity and money flow in the Crypto market
Why Is Our Crypto Strength Meter Indicator Unique ?
- We offer both free live and historical crypto strength data
- Our users are given access to load multiple free historical crypto strength data for backtesting purposes
- Our data are calculated in realtime(price value appreciation recorded in a realtime in a given timeframe ago, eg: 1 hour ago) and not based on the opening and closure of candlesticks
- Our free historical crypto strength data are loaded at any given date and time user prefrence
- We offer upto 13 (m5, m15, m30, m45, h1, h2, h4, h6, h8, h12, d1, w1, mn) timeframes made available for our users to explore the Crypto market in various timespace possible
- Our Crypto strength indications are scaled from (0-100) across all our 13 timeframes available
- Our interface gives user access to view and analyse all currencies in 13 timeframes available for both live updates and historical Crypto strength data
How To Use Our Crypto Strength Meter Indicator To Trade Crypto
DISCLAIMER: This site and its content are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
- Trade Crypto Strength Indicator signals, by looking for the reversal confirmation of price from the following key levels in the Crypto market from your Crypto Charts:
- price reversal from support
- price reversal from resistance
- price reversal from trendline
- price breaks and retest of trendline
- price at head and shoulder zone
- price at point of interest zone
- price at double and triple top/bottom
- OR : use any other key levels you know or are confortable with, that influence the reversal and movement of a price in the Crypto market
Crypto Currency Strength Value Indication Methodology
- 100 - Strongest
- 75 - Strong
- 50 - Normal
- 25 - Weak
- 0 - Weakest
if: ETH=100 and BTC=0
then: 100 - 0 = 100
therefore: ETH is 100% stronger than BTC
Major Crypto Currencies Analyzed
- USDC - USD Coin
- USDT - Tether
- FDUSD - First Digital USD
- BNB - Binance Coin
- BTC - Bitcoin
- ETH - Ethereum
- TRY - Turkish Lira
- XRP - Ripple