Are there any specific time frames recommended for technical analysis of digital assets on TradingView?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to technical analysis of digital assets on TradingView, the choice of time frame depends on your trading strategy and goals. Short-term traders often use time frames like 1-minute, 5-minute, or 15-minute charts to capture quick price movements and make fast trading decisions. On the other hand, long-term investors may prefer daily, weekly, or monthly charts to identify long-term trends and make informed investment decisions. It's important to choose a time frame that aligns with your trading style and objectives.
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• Dec 16, 2021 · 3 years ago
  There is no one-size-fits-all answer to this question. The recommended time frames for technical analysis on TradingView vary depending on the asset being analyzed and the trading strategy being employed. For example, if you're analyzing a highly volatile cryptocurrency, shorter time frames like 1-hour or 4-hour charts may provide more accurate signals. On the other hand, if you're analyzing a stable and less volatile asset, longer time frames like daily or weekly charts may be more suitable. It's important to experiment with different time frames and find the one that works best for your trading approach.
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• Dec 16, 2021 · 3 years ago
  As an expert at BYDFi, I can say that there are no specific time frames recommended for technical analysis on TradingView. The choice of time frame depends on the individual trader's preferences and trading strategy. Some traders may find shorter time frames like 15-minute or 1-hour charts more suitable for day trading, while others may prefer longer time frames like daily or weekly charts for swing trading or long-term investing. It's important to find the time frame that allows you to effectively analyze the price action and make informed trading decisions.
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