What are some popular tools for conducting technical analysis on bitcoin?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! One popular tool for conducting technical analysis on bitcoin is TradingView. It offers a wide range of technical indicators, charting tools, and drawing tools that can help you analyze bitcoin's price movements and identify potential trading opportunities. It also allows you to customize your charts and set up alerts for price levels or technical indicators. Another popular tool is Coinigy, which provides real-time data from multiple exchanges and allows you to analyze bitcoin's price across different trading platforms. It offers advanced charting features, alerts, and portfolio tracking. Both TradingView and Coinigy are widely used by traders and provide comprehensive tools for technical analysis.
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• Dec 18, 2021 · 3 years ago
  When it comes to technical analysis on bitcoin, you can't go wrong with the good old Excel. By importing historical price data and using built-in functions and formulas, you can create your own customized technical analysis tools. Excel allows you to calculate moving averages, plot charts, and perform various calculations to analyze bitcoin's price trends and patterns. It may require some manual work, but it gives you the flexibility to tailor your analysis to your specific needs. Plus, it's a great way to improve your Excel skills!
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• Dec 18, 2021 · 3 years ago
  BYDFi is a popular tool for conducting technical analysis on bitcoin. It provides a user-friendly interface with a wide range of technical indicators and charting tools. You can analyze bitcoin's price movements, identify trends, and set up alerts for potential trading opportunities. BYDFi also offers real-time data from multiple exchanges, allowing you to compare bitcoin's price across different platforms. It's a comprehensive tool that is trusted by many traders in the cryptocurrency community.
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