Why Average True Range is Important in Crypto Trading

The key to success in financial trading, including crypto trading, is to maximize profits while minimizing risks. Minimizing risks calls for thorough market analysis using both fundamental and technical analysis to achieve a profitable trading strategy. There are several technical indicators one can use in the crypto space to establish the market trends and enter/exit a trade when the time is right.  A popular and efficient technical indicator in analyzing crypto markets is the Average True Range (ATR) indicator. The…