Can TradingView be used for real-time monitoring of cryptocurrency prices and trading volumes?
Roman StrakhovDec 18, 2021 · 3 years ago3 answers
Is it possible to use TradingView to monitor cryptocurrency prices and trading volumes in real-time? How accurate and reliable is the data provided by TradingView? Can it be used as a primary tool for cryptocurrency trading analysis?
3 answers
- Dec 18, 2021 · 3 years agoYes, TradingView can be used for real-time monitoring of cryptocurrency prices and trading volumes. It provides a wide range of technical analysis tools and indicators that can help traders make informed decisions. The data provided by TradingView is generally accurate and reliable, as it sources data from reputable exchanges and market data providers. However, it's always recommended to cross-reference the data with other reliable sources to ensure accuracy. TradingView can be a valuable tool for cryptocurrency trading analysis, but it should not be solely relied upon as the primary source of information.
- Dec 18, 2021 · 3 years agoDefinitely! TradingView is a popular platform among cryptocurrency traders for real-time monitoring of prices and trading volumes. It offers a user-friendly interface with customizable charts and indicators, making it easy to analyze market trends. The data provided by TradingView is reliable, as it aggregates information from various exchanges. However, it's important to note that no platform is perfect, and occasional discrepancies in data may occur. Traders should always exercise caution and use multiple sources for analysis to make well-informed trading decisions.
- Dec 18, 2021 · 3 years agoAbsolutely! TradingView is widely used by traders to monitor cryptocurrency prices and trading volumes in real-time. It offers a comprehensive set of tools and features that cater to both beginners and experienced traders. The data provided by TradingView is sourced from reliable exchanges and market data providers, ensuring accuracy. However, it's important to note that TradingView is just a tool and should be used in conjunction with other analysis techniques. For more advanced traders, platforms like BYDFi also provide real-time monitoring and additional features for enhanced trading analysis.
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