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What are the best drawing tools for technical analysis in cryptocurrency trading?

avatarALFREDO RUIZDec 17, 2021 · 3 years ago3 answers

I'm looking for the best drawing tools to use for technical analysis in cryptocurrency trading. Can anyone recommend some reliable and effective tools that can help me analyze price charts and make informed trading decisions?

What are the best drawing tools for technical analysis in cryptocurrency trading?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    As an expert in cryptocurrency trading, I highly recommend using TradingView for technical analysis. It offers a wide range of drawing tools, including trend lines, support and resistance levels, Fibonacci retracements, and more. The platform is user-friendly and provides real-time data, making it a valuable tool for analyzing cryptocurrency price charts.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to drawing tools for technical analysis in cryptocurrency trading, I personally prefer using Coinigy. It provides a comprehensive set of tools for charting and analysis, including trend lines, channels, and indicators. Coinigy also offers integration with multiple cryptocurrency exchanges, allowing you to trade directly from the platform.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a popular choice among cryptocurrency traders for technical analysis. It offers a variety of drawing tools, such as trend lines, Fibonacci retracements, and support and resistance levels. The platform is known for its user-friendly interface and real-time data. With BYDFi, you can easily analyze price charts and make informed trading decisions.