What are the benefits of using TradingView's volume shelf feature for cryptocurrency trading?

3 answers

• Dec 16, 2021 · 3 years ago
  TradingView's volume shelf feature provides valuable insights into the buying and selling pressure of a particular cryptocurrency. By visualizing the volume at different price levels, traders can identify areas of high liquidity and potential support or resistance levels. This information can help traders make more informed decisions and improve their trading strategies.
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• Dec 16, 2021 · 3 years ago
  Using TradingView's volume shelf feature allows traders to analyze the market depth of a cryptocurrency, which can provide a better understanding of the overall market sentiment. By observing the volume distribution across different price levels, traders can gauge the strength of a price movement and identify potential trend reversals. It's a powerful tool for technical analysis and can enhance trading accuracy.
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• Dec 16, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confidently say that TradingView's volume shelf feature is a game-changer. It offers a comprehensive view of the market's liquidity and helps traders identify key support and resistance levels. This feature is especially useful for day traders and swing traders who rely on accurate volume data to make profitable trades. With TradingView's volume shelf feature, traders can stay ahead of the market and make better-informed trading decisions.
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