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Tag: Renko

A Guide to Trading Cryptocurrency Part 4: Renko Charts

Category: Trading Strategies

A Guide to Trading Cryptocurrency Part 4: Renko Charts

Renko charts are another Japanese technique that is easy-to-use and reliable for making profitable trades. Similar to candlestick charts, Renko charts are even easier to analyse as these charts abstract from time and volume, focusing only on a substantial part of the price action. Consider the Past and You Will Know the Future There are individual blocks that form Renko…

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