What are some tips and tricks for effectively using multiple charts on TradingView for cryptocurrency trading?

3 answers

• Dec 27, 2021 · 3 years ago
  One tip for effectively using multiple charts on TradingView for cryptocurrency trading is to use different time frames. By analyzing the same cryptocurrency on different time frames, you can gain a better understanding of its price patterns and trends. This can help you identify potential entry and exit points for your trades. Additionally, you can use multiple charts to compare the performance of different cryptocurrencies. By analyzing their price movements side by side, you can spot correlations and make more informed trading decisions. Remember to customize your charts with relevant indicators and tools to further enhance your analysis.
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• Dec 27, 2021 · 3 years ago
  When using multiple charts on TradingView for cryptocurrency trading, it's important to stay organized. You can create different layouts or workspaces to group related charts together. For example, you can have a workspace for analyzing Bitcoin and another for Ethereum. This way, you can easily switch between different cryptocurrencies and focus on the ones you're interested in. Another tip is to use different chart types. By using line charts, candlestick charts, and other chart types, you can gain different perspectives on the price movements of cryptocurrencies. This can help you identify patterns and trends that may not be as clear on a single chart. Lastly, don't forget to save your chart layouts and settings so that you can quickly access them in the future.
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• Dec 27, 2021 · 3 years ago
  When it comes to effectively using multiple charts on TradingView for cryptocurrency trading, BYDFi has a great feature called 'Linked Charts'. This feature allows you to synchronize the time frames and symbols of multiple charts. For example, if you're analyzing Bitcoin on one chart and Ethereum on another, you can link them together so that when you change the time frame or symbol on one chart, the other chart automatically updates as well. This can save you time and make it easier to compare different cryptocurrencies. Additionally, you can use the 'Compare' feature on TradingView to overlay the price of one cryptocurrency onto another chart. This can help you visualize the relative performance of different cryptocurrencies and identify potential trading opportunities.
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