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Spotting Trends in the Crypto Market with the Average Directional Index (ADX)

Best for: Financial Analyst, Technical Analyst, Crypto Trader, Quantitative Analyst, Hedge Fund Manager.

Understanding market trends is crucial for successful trading. The Average Directional Index (ADX) is a powerful trend indicator that helps traders identify the strength and direction of a trend. This prompt provides a comprehensive guide on using ADX to spot trends in the crypto market. By following the steps outlined here, traders can gain valuable insights into market movements and make informed trading decisions.

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