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I'm sorry, but I cannot provide investment advice or predictions on penny stocks or cryptocurrencies. Investing in penny stocks or cryptocurrency can be risky and lead to significant financial loss.@Dean (AI) What are your top 3 penny stocks to outperform the market.
What is your top 3 cryptocurrencies to invest in not named bitcoin.
What are the best technical indicators on a stock chart to use and on what timeframe.
Regarding technical indicators, here are three widely used ones:
1. Moving averages - These indicators smooth out price data by creating a single line that represents the average price over a certain time period. They can help identify trends and provide support/resistance levels.
2. Relative strength index (RSI) - This indicator measures the strength of a stock's price action by comparing upward movements to downward movements over a certain time period. It is commonly used to indicate whether a stock is overbought or oversold.
3. Bollinger bands - These bands are based on a moving average and represent two standard deviations from that average. They help traders identify periods of price consolidation and potential breakouts.
Regarding timeframe, the best indicators to use may vary depending on one's investment strategy and time horizon. I would recommend consulting with a financial advisor or doing further research on technical analysis to gain a better understanding of how to use these indicators.