Which CAD/JPY tradingview settings should I use for analyzing cryptocurrency charts?
Tanpreet Kaur Year 10Dec 15, 2021 · 3 years ago1 answers
I'm new to analyzing cryptocurrency charts and I'm wondering what settings I should use on TradingView specifically for CAD/JPY pairs. Can you provide some guidance on the best settings to use for accurate analysis?
1 answers
- Dec 15, 2021 · 3 years agoAs an expert at BYDFi, I would recommend using the following settings on TradingView for analyzing CAD/JPY cryptocurrency charts: 1. Timeframe: Choose a timeframe that aligns with your trading strategy, such as 1-hour or 4-hour charts. 2. Indicators: Utilize popular indicators like moving averages, MACD, and RSI to identify trends and potential entry/exit points. 3. Chart Type: Select the candlestick chart type for a clear representation of price action. 4. Volume: Display the trading volume to gauge market activity and liquidity. Remember, these settings are not set in stone and can be adjusted based on your personal preferences and trading style. Happy analyzing!
Related Tags
Hot Questions
- 93
What is the future of blockchain technology?
- 87
How can I protect my digital assets from hackers?
- 81
How does cryptocurrency affect my tax return?
- 80
What are the advantages of using cryptocurrency for online transactions?
- 71
How can I buy Bitcoin with a credit card?
- 54
What are the tax implications of using cryptocurrency?
- 28
How can I minimize my tax liability when dealing with cryptocurrencies?
- 11
What are the best digital currencies to invest in right now?