What is the difference between a leading indicator and a coincident indicator?
Could you please elaborate on the distinction between a leading indicator and a coincident indicator in the realm of economic analysis? I'm particularly interested in understanding how these two types of indicators differ in their predictive capabilities and the insights they offer into economic trends. Additionally, could you provide some examples of each to help illustrate the concept more concretely?
What is a leading indicator in crypto trading?
Could you elaborate on the concept of a leading indicator in the realm of cryptocurrency trading? I'm particularly interested in understanding how these indicators are utilized to predict future market movements and trends. Are there specific metrics or tools that are considered leading indicators within this industry? Additionally, how reliable are they in providing accurate insights, and what role do they play in shaping investors' decision-making processes? Clarifying these points would help me gain a deeper understanding of how leading indicators are applied in crypto trading.