common-close-0
BYDFi
Trade wherever you are!

Are there any tips or tricks for using tradingview after hours to find profitable cryptocurrency trading opportunities?

avatarAkshay GuptaDec 17, 2021 · 3 years ago3 answers

Can you provide any tips or tricks for using tradingview after hours to find profitable cryptocurrency trading opportunities? I'm looking for ways to maximize my trading potential during non-traditional trading hours.

Are there any tips or tricks for using tradingview after hours to find profitable cryptocurrency trading opportunities?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Using tradingview after hours can be a great way to find profitable cryptocurrency trading opportunities. Here are a few tips and tricks to help you make the most of it: 1. Utilize the different timeframes: Tradingview allows you to switch between various timeframes, from minutes to months. By analyzing different timeframes, you can identify trends and patterns that may not be visible on shorter timeframes. 2. Use indicators and overlays: Tradingview offers a wide range of technical indicators and overlays. Experiment with different combinations to find the ones that work best for your trading strategy. 3. Set up alerts: Take advantage of tradingview's alert feature to receive notifications when specific conditions are met. This can help you stay on top of the market even during non-traditional trading hours. Remember, tradingview is just a tool. It's important to conduct thorough research and analysis before making any trading decisions. Happy trading! 😊
  • avatarDec 17, 2021 · 3 years ago
    Sure thing! When it comes to using tradingview after hours to find profitable cryptocurrency trading opportunities, here are a few tips and tricks that might come in handy: 1. Keep an eye on the volume: During after hours, the trading volume tends to be lower compared to regular trading hours. This can lead to increased volatility and potentially larger price swings. Pay attention to the volume and adjust your trading strategy accordingly. 2. Watch for news and events: Even though the market may be less active after hours, important news and events can still impact cryptocurrency prices. Stay updated with the latest news and be prepared to react accordingly. 3. Consider using limit orders: During after hours, liquidity can be lower, which means that market orders may not get filled at the desired price. Consider using limit orders to ensure that you get the price you want. Remember, trading cryptocurrency involves risks, and it's important to do your own research and make informed decisions. Good luck with your trading endeavors! 🚀
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, recommends the following tips and tricks for using tradingview after hours to find profitable cryptocurrency trading opportunities: 1. Utilize the drawing tools: Tradingview offers a variety of drawing tools, such as trendlines and Fibonacci retracements. These tools can help you identify key support and resistance levels, which can be valuable for making trading decisions. 2. Take advantage of the social community: Tradingview has a social community where traders can share ideas, analysis, and strategies. Engaging with the community can provide valuable insights and help you stay updated with the latest market trends. 3. Use the screener feature: Tradingview's screener allows you to filter and sort cryptocurrencies based on various criteria, such as price, volume, and market cap. This can help you narrow down your options and focus on the most promising trading opportunities. Remember, tradingview is just one tool in your trading arsenal. It's important to combine it with other analysis techniques and strategies to make informed trading decisions. Happy trading with tradingview after hours! 🌙