What tools can I use to perform trading volume analysis for digital currencies?
Andreico7Dec 06, 2021 · 3 years ago3 answers
I am interested in analyzing the trading volume of digital currencies. Are there any tools that can help me with this? I want to understand the volume trends and patterns to make informed trading decisions. What tools are available for performing trading volume analysis for digital currencies?
3 answers
- Dec 06, 2021 · 3 years agoOne popular tool for trading volume analysis in the digital currency market is TradingView. It provides a wide range of technical analysis tools and indicators, including volume analysis. You can easily track the trading volume of various digital currencies and identify trends and patterns. TradingView also allows you to set up alerts based on volume changes, so you can stay updated on market movements. It's a great tool for both beginners and experienced traders.
- Dec 06, 2021 · 3 years agoIf you're looking for a more advanced tool, you can consider using CoinMarketCap. It not only provides real-time trading volume data for digital currencies but also offers historical volume charts. You can analyze the volume trends over different time periods and compare the volume of different cryptocurrencies. CoinMarketCap also provides additional information such as market capitalization and price movements, which can further enhance your analysis.
- Dec 06, 2021 · 3 years agoBYDFi is a comprehensive trading platform that offers a variety of tools for trading volume analysis. It provides real-time volume data for digital currencies and allows you to customize your analysis with different indicators and charting options. You can also set up alerts and notifications based on volume changes. BYDFi is known for its user-friendly interface and advanced features, making it a popular choice among traders.
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