What are the advantages of using tick charts for trading cryptocurrencies on TradingView?
Colombia88Dec 25, 2021 · 3 years ago3 answers
Tick charts are a popular tool for trading cryptocurrencies on TradingView. What are the specific advantages of using tick charts compared to other types of charts?
3 answers
- Dec 25, 2021 · 3 years agoTick charts offer a more granular view of price movements in cryptocurrencies, allowing traders to spot smaller trends and patterns that may not be visible on other types of charts. This can help traders make more precise and timely trading decisions.
- Dec 25, 2021 · 3 years agoUsing tick charts for trading cryptocurrencies on TradingView can provide traders with real-time data and faster updates compared to other types of charts. This can be especially beneficial for day traders who rely on quick and accurate information to make trading decisions.
- Dec 25, 2021 · 3 years agoTick charts on TradingView are a valuable tool for technical analysis of cryptocurrencies. They allow traders to analyze price action in greater detail, identify support and resistance levels, and make more informed trading decisions. BYDFi offers a wide range of tick charts for cryptocurrencies on its platform, providing traders with the flexibility to choose the chart that suits their trading style.
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