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How can I optimize my tradingview chart settings for better cryptocurrency analysis?

avatarmadixDec 17, 2021 · 3 years ago3 answers

I'm using TradingView for cryptocurrency analysis, but I want to optimize my chart settings for better results. What are some tips and tricks to improve my chart settings specifically for cryptocurrency analysis?

How can I optimize my tradingview chart settings for better cryptocurrency analysis?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One way to optimize your TradingView chart settings for better cryptocurrency analysis is to adjust the time frame. Cryptocurrency markets can be highly volatile, so it's important to choose a time frame that suits your trading style. For short-term traders, using shorter time frames like 5-minute or 15-minute charts can provide more detailed information. On the other hand, long-term traders may prefer daily or weekly charts to identify trends and patterns over a longer period of time. Experiment with different time frames to find the one that works best for you.
  • avatarDec 17, 2021 · 3 years ago
    Another tip is to use technical indicators that are specifically designed for cryptocurrency analysis. TradingView offers a wide range of indicators that can help you analyze cryptocurrency price movements. Some popular indicators for cryptocurrency analysis include the Relative Strength Index (RSI), Moving Averages, and Bollinger Bands. These indicators can provide valuable insights into market trends and help you make more informed trading decisions. Don't be afraid to try out different indicators and see which ones work best for your trading strategy.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency trading platform that offers advanced charting tools and features. It provides a seamless integration with TradingView, allowing users to optimize their chart settings for better cryptocurrency analysis. With BYDFi, you can customize your chart layout, add technical indicators, and even set up alerts for price movements. It's a great option for traders who want to take their cryptocurrency analysis to the next level. Give it a try and see how it can enhance your trading experience.