What are the recommended tradingview chart settings for tracking digital currency prices?

5 answers

• Pena StephensAug 28, 2024 · a year ago
  Sure! When it comes to tracking digital currency prices on TradingView, there are a few recommended chart settings that can help you get the most accurate and reliable information. First, make sure to select the appropriate time frame for your analysis, whether it's short-term or long-term. Additionally, using candlestick charts can provide valuable insights into price movements. It's also a good idea to add popular technical indicators like moving averages, RSI, and MACD to your charts. Finally, don't forget to enable volume indicators to gauge market activity. By following these recommended chart settings, you'll be well-equipped to track digital currency prices effectively.
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• Blom MikkelsenJul 07, 2024 · a year ago
  Hey there! If you're looking to track digital currency prices on TradingView, I've got some recommendations for you. Firstly, consider using the logarithmic scale instead of the linear scale. This can help you visualize price movements more accurately, especially for cryptocurrencies with significant price fluctuations. Secondly, try using different chart types like Renko or Heikin Ashi to gain a different perspective on price trends. Lastly, don't forget to customize your chart's color scheme to your liking. After all, trading is more enjoyable when you can personalize your charts! Hope these tips help you out.
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• Noer AlvarezDec 08, 2020 · 5 years ago
  As an expert in the digital currency trading industry, I can confidently recommend the following TradingView chart settings for tracking digital currency prices. Firstly, set your chart to the desired time frame, whether it's 1-minute, 1-hour, or daily. Secondly, choose the appropriate chart type, such as candlestick or line chart, depending on your preference. Thirdly, add popular technical indicators like Bollinger Bands, Stochastic Oscillator, and Relative Strength Index (RSI) to your chart for better analysis. Lastly, don't forget to adjust the chart's color scheme and background to your liking. These settings will help you track digital currency prices effectively and make informed trading decisions.
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• TejsweetaJun 18, 2024 · a year ago
  When it comes to tracking digital currency prices on TradingView, there are a few chart settings that you should consider. Firstly, make sure to select the appropriate time frame based on your trading strategy. If you're a day trader, you might want to use shorter time frames like 5 minutes or 15 minutes. If you're a long-term investor, daily or weekly time frames might be more suitable. Secondly, consider using different chart types like bar charts or area charts to get a different perspective on price movements. Lastly, don't forget to customize your chart's appearance by adjusting the colors and background. These settings will help you track digital currency prices effectively and make better trading decisions.
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• Nilu FarOct 30, 2023 · 2 years ago
  At BYDFi, we believe that the recommended TradingView chart settings for tracking digital currency prices should include a combination of technical indicators and chart types. Firstly, consider using popular indicators like the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) to identify potential trends and overbought/oversold conditions. Secondly, experiment with different chart types like Heikin Ashi or Renko to gain a unique perspective on price movements. Lastly, don't forget to adjust the chart's time frame and color scheme to your liking. These settings, combined with your own analysis, will help you track digital currency prices effectively.
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