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What are some recommended tools and resources for day trading on Robinhood in the cryptocurrency industry?

avatarMd lablu MiaDec 30, 2021 · 3 years ago3 answers

Can you recommend some tools and resources that are useful for day trading on Robinhood in the cryptocurrency industry? I'm looking for tools that can help with technical analysis, market research, and tracking portfolio performance. It would be great if the resources are beginner-friendly and provide real-time data. Any suggestions?

What are some recommended tools and resources for day trading on Robinhood in the cryptocurrency industry?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! One tool that I highly recommend for day trading on Robinhood in the cryptocurrency industry is TradingView. It's a powerful charting platform that provides real-time data and a wide range of technical analysis tools. You can easily analyze price movements, identify trends, and make informed trading decisions. Another useful resource is CoinMarketCap, which provides comprehensive market data and allows you to track the performance of different cryptocurrencies. Additionally, you can consider using Robinhood's own mobile app, which offers a user-friendly interface and real-time market updates. Happy trading!
  • avatarDec 30, 2021 · 3 years ago
    When it comes to day trading on Robinhood in the cryptocurrency industry, having access to reliable news sources is crucial. I recommend checking out CoinDesk and CoinTelegraph for the latest news and analysis in the crypto space. These platforms provide insights into market trends, regulatory developments, and project updates. Another tool worth mentioning is CryptoCompare, which offers real-time price data, historical charts, and a portfolio tracker. It's a great resource for monitoring your investments and staying informed about market movements. Good luck with your day trading journey!
  • avatarDec 30, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a range of trading tools and resources for day traders. Their platform provides real-time market data, advanced charting tools, and a user-friendly interface. You can easily track your portfolio performance, set price alerts, and execute trades with ease. BYDFi also offers educational resources, including tutorials and webinars, to help beginners get started with day trading. Whether you're a beginner or an experienced trader, BYDFi has the tools and resources to support your day trading activities. Give it a try and see how it can enhance your trading experience!