Which CAD/JPY tradingview settings should I use for analyzing cryptocurrency charts?
PatereDec 29, 2021 · 3 years ago1 answers
I'm new to analyzing cryptocurrency charts and I'm wondering what settings I should use on TradingView specifically for CAD/JPY pairs. Can you provide some guidance on the best settings to use for accurate analysis?
1 answers
- Dec 29, 2021 · 3 years agoAs an expert at BYDFi, I would recommend using the following settings on TradingView for analyzing CAD/JPY cryptocurrency charts: 1. Timeframe: Choose a timeframe that aligns with your trading strategy, such as 1-hour or 4-hour charts. 2. Indicators: Utilize popular indicators like moving averages, MACD, and RSI to identify trends and potential entry/exit points. 3. Chart Type: Select the candlestick chart type for a clear representation of price action. 4. Volume: Display the trading volume to gauge market activity and liquidity. Remember, these settings are not set in stone and can be adjusted based on your personal preferences and trading style. Happy analyzing!
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