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Is there a specific tool or feature on TradingView that allows me to draw boxes and analyze cryptocurrency charts?

avatarA-learnerDec 16, 2021 · 3 years ago3 answers

I'm looking for a tool or feature on TradingView that allows me to draw boxes and analyze cryptocurrency charts. Can anyone recommend a specific tool or feature for this purpose?

Is there a specific tool or feature on TradingView that allows me to draw boxes and analyze cryptocurrency charts?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, TradingView has a feature called 'Drawing Tools' that allows you to draw boxes and perform chart analysis on cryptocurrency charts. You can find this feature in the toolbar on the left side of the TradingView interface. Simply click on the 'Drawing Tools' icon and select the 'Box' tool to draw boxes on the chart. You can then use these boxes to analyze price patterns and make trading decisions.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! TradingView offers a wide range of drawing tools that can be used to draw boxes and analyze cryptocurrency charts. These tools include trendlines, Fibonacci retracements, and various shapes like rectangles and triangles. By using these tools, you can visually identify support and resistance levels, chart patterns, and other important technical indicators to make informed trading decisions.
  • avatarDec 16, 2021 · 3 years ago
    Definitely! TradingView is a popular platform among cryptocurrency traders, and it provides a specific tool called 'Drawing Tools' for drawing boxes and analyzing charts. With this feature, you can easily mark important price levels, draw trendlines, and identify chart patterns. It's a great tool for technical analysis and can help you make better trading decisions. If you're interested in exploring more advanced charting features, you might also want to check out BYDFi, a powerful trading platform that offers advanced charting tools and a wide range of indicators.