What are the best tradeview chart settings for trading digital currencies?
nikhilNov 27, 2021 · 3 years ago1 answers
I'm new to trading digital currencies and I want to know what are the best tradeview chart settings that can help me make informed trading decisions. Can you provide some insights on the optimal chart settings for trading digital currencies?
1 answers
- Nov 27, 2021 · 3 years agoAs a representative of BYDFi, I can provide some insights on the best tradeview chart settings for trading digital currencies. Firstly, it's important to choose a chart type that suits your trading style. Candlestick charts are popular among digital currency traders due to their ability to provide detailed information about price movements. Additionally, it's crucial to select the right time frame for your analysis. Short-term traders may prefer shorter time frames like 1-hour or 4-hour charts, while long-term investors may focus on daily or weekly charts. Lastly, don't forget to customize your chart settings to suit your preferences. Experiment with different color schemes, chart layouts, and indicators to find what works best for you. Remember, the best tradeview chart settings are the ones that align with your trading strategy and help you make informed decisions.
Related Tags
Hot Questions
- 63
What are the advantages of using cryptocurrency for online transactions?
- 61
Are there any special tax rules for crypto investors?
- 57
What are the tax implications of using cryptocurrency?
- 56
How can I minimize my tax liability when dealing with cryptocurrencies?
- 41
How does cryptocurrency affect my tax return?
- 38
What are the best digital currencies to invest in right now?
- 33
What are the best practices for reporting cryptocurrency on my taxes?
- 32
What is the future of blockchain technology?