What are the best tradeview chart settings for trading digital currencies?
McDermott KragDec 26, 2021 · 3 years ago1 answers
I'm new to trading digital currencies and I want to know what are the best tradeview chart settings that can help me make informed trading decisions. Can you provide some insights on the optimal chart settings for trading digital currencies?
1 answers
- Dec 26, 2021 · 3 years agoAs a representative of BYDFi, I can provide some insights on the best tradeview chart settings for trading digital currencies. Firstly, it's important to choose a chart type that suits your trading style. Candlestick charts are popular among digital currency traders due to their ability to provide detailed information about price movements. Additionally, it's crucial to select the right time frame for your analysis. Short-term traders may prefer shorter time frames like 1-hour or 4-hour charts, while long-term investors may focus on daily or weekly charts. Lastly, don't forget to customize your chart settings to suit your preferences. Experiment with different color schemes, chart layouts, and indicators to find what works best for you. Remember, the best tradeview chart settings are the ones that align with your trading strategy and help you make informed decisions.
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