common-close-0
BYDFi
Trade wherever you are!

Which cryptocurrencies should I focus on when using tradingview premarket?

avatarRenie Lyn OrqueDec 16, 2021 · 3 years ago3 answers

When using tradingview premarket, which cryptocurrencies should I pay attention to and why? I want to make informed trading decisions based on the premarket data, so I'm looking for recommendations on specific cryptocurrencies that are worth focusing on. Can you provide some insights on this?

Which cryptocurrencies should I focus on when using tradingview premarket?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When using tradingview premarket, it's important to focus on cryptocurrencies that have high trading volumes and liquidity. This ensures that there is enough market activity and interest in those cryptocurrencies during the premarket hours. Additionally, you should consider cryptocurrencies that have shown historical price volatility during the premarket period. These cryptocurrencies tend to have significant price movements before the regular market hours, presenting potential trading opportunities. Lastly, it's advisable to keep an eye on cryptocurrencies that have upcoming news or events that could impact their price. By focusing on these factors, you can make more informed trading decisions using tradingview premarket.
  • avatarDec 16, 2021 · 3 years ago
    When using tradingview premarket, it's a good idea to focus on the top cryptocurrencies by market capitalization. These cryptocurrencies are usually more stable and have a higher trading volume, making them less susceptible to manipulation or sudden price swings. Additionally, you can consider cryptocurrencies that have recently released positive news or have upcoming events that could drive their price up. By focusing on these established and promising cryptocurrencies, you can increase your chances of making profitable trades using tradingview premarket.
  • avatarDec 16, 2021 · 3 years ago
    When using tradingview premarket, one approach is to focus on cryptocurrencies that have shown consistent price movements during this period. For example, BYDFi has been known to have significant price fluctuations during the premarket hours. By analyzing the historical data and patterns of these cryptocurrencies, you can identify potential trading opportunities. It's also worth considering cryptocurrencies that are actively traded on multiple exchanges, as this indicates a higher level of market interest and liquidity. Remember to always do your own research and consider multiple factors before making any trading decisions.