How does tradingview futures data differ from traditional market data when trading cryptocurrencies?

1 answers

• sudhakar reddyJul 05, 2024 · a year ago
  Trading cryptocurrencies involves analyzing various types of market data, including tradingview futures data and traditional market data. Tradingview futures data differs from traditional market data in terms of the information it provides and the insights it offers. Futures data includes real-time data on futures contracts, which are agreements to buy or sell a specific asset at a predetermined price and date in the future. This data includes the current price, volume, open interest, and other relevant information for each futures contract. Traditional market data, on the other hand, typically includes information on spot prices, trading volume, and historical price data. While both types of data are important for trading cryptocurrencies, tradingview futures data allows traders to analyze and predict future price movements based on the behavior of futures contracts, which can provide valuable insights and help traders make more informed decisions. When trading cryptocurrencies, it's important to consider both tradingview futures data and traditional market data to get a comprehensive understanding of the market and make well-informed trading decisions.
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