NERO traders use a wide range of trading signals and technical indicators to predict price movements. Although not all methods are necessary for accurately predicting market direction, some key indicators carry more weight. Identifying support and resistance levels for the Nero Token provides insight into market supply and demand, helping to identify trend reversals.
Additionally, chart patterns are widely used by traders to form trend lines that assist in predicting the next candle movement.
Various indicators such as the Relative Strength Index (RSI), moving averages, and MACD can be used to determine long-term trend direction and attempt to predict future price movements.
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