Are there any recommended settings or indicators to use when drawing boxes on TradingView for cryptocurrency analysis?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to drawing boxes on TradingView for cryptocurrency analysis, there are a few settings and indicators that can be helpful. Firstly, you may want to adjust the box size to fit the specific time frame you are analyzing. This can be done by selecting the 'Box Size' option and setting it to a suitable value. Additionally, you can use indicators such as moving averages or trend lines to help identify key support and resistance levels. These indicators can provide valuable insights when drawing boxes and can enhance your analysis.
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• Dec 16, 2021 · 3 years ago
  Drawing boxes on TradingView for cryptocurrency analysis is more of an art than a science. While there are no strict rules or recommended settings, it's important to consider the time frame and the specific cryptocurrency you are analyzing. Different cryptocurrencies may exhibit different price patterns, so it's important to adapt your box drawing strategy accordingly. Experiment with different settings and indicators to find what works best for your analysis.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the 'Box Size' setting to match the volatility of the cryptocurrency you are analyzing. This can help ensure that the boxes accurately capture the price movements and provide meaningful insights. Additionally, using indicators such as moving averages or Bollinger Bands can help identify key levels and trends when drawing boxes on TradingView. Remember to adjust the settings based on the specific cryptocurrency and time frame you are analyzing for optimal results.
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