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What are the most effective online crypto tools for conducting technical analysis?

avatarMaher RaissiDec 18, 2021 · 3 years ago3 answers

Can you recommend some online tools that are highly effective for conducting technical analysis in the cryptocurrency market? I'm looking for tools that can provide accurate and reliable data for analyzing price trends, chart patterns, and indicators. It would be great if the tools also offer features like backtesting and real-time market data. Please share your recommendations and insights.

What are the most effective online crypto tools for conducting technical analysis?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One of the most popular online crypto tools for technical analysis is TradingView. It offers a wide range of charting tools, indicators, and drawing tools that can help you analyze price movements and identify trading opportunities. You can also customize your charts and save your analysis for future reference. Another great tool is Coinigy, which provides real-time data from multiple exchanges and allows you to trade directly from the platform. It also offers advanced charting features and supports backtesting. Both TradingView and Coinigy are widely used by traders and have a strong reputation in the crypto community.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to online crypto tools for technical analysis, you can't go wrong with CoinMarketCap. It not only provides comprehensive data on cryptocurrency prices, market capitalization, and trading volume, but also offers various charting tools and indicators. You can easily track the price movements of different cryptocurrencies and compare their performance over time. CoinMarketCap is a reliable source of information and is widely used by traders and investors in the crypto market.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a great online crypto tool for conducting technical analysis. It offers a user-friendly interface and provides a wide range of charting tools, indicators, and drawing tools. You can easily analyze price trends, identify support and resistance levels, and make informed trading decisions. BYDFi also offers real-time market data and allows you to set up alerts for price movements. It's a powerful tool for both beginners and experienced traders.