What are the best tradingview layouts for analyzing cryptocurrency charts?
Muhammad SiddiqueDec 17, 2021 · 3 years ago3 answers
I'm looking for the most effective tradingview layouts to analyze cryptocurrency charts. Can you recommend some layouts that are popular among traders and provide a comprehensive view of the market? I want to make sure I have all the necessary indicators and tools to make informed trading decisions. Any suggestions?
3 answers
- Dec 17, 2021 · 3 years agoOne popular tradingview layout for analyzing cryptocurrency charts is the 'Ichimoku Cloud' layout. It includes the Ichimoku Cloud indicator, which provides key support and resistance levels, as well as trend direction. This layout also incorporates other indicators such as moving averages and volume analysis to give a holistic view of the market. It's widely used by traders to identify potential entry and exit points.
- Dec 17, 2021 · 3 years agoAnother layout that traders find useful is the 'Bollinger Bands' layout. This layout focuses on volatility and uses the Bollinger Bands indicator to identify overbought and oversold conditions. It also includes other indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) to confirm signals. Traders often use this layout to spot potential trend reversals and take advantage of price fluctuations.
- Dec 17, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, offers a unique tradingview layout called 'Market Depth'. This layout provides a visual representation of the order book, showing the supply and demand levels at different price points. Traders can use this information to gauge market sentiment and make informed trading decisions. It's particularly useful for analyzing liquidity and identifying potential support and resistance levels.
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