What are the recommended tradingview chart layouts for technical analysis of digital assets?

3 answers

• Dec 16, 2021 · 3 years ago
  When it comes to technical analysis of digital assets on TradingView, there are a few chart layouts that are commonly recommended. One popular layout is the candlestick chart, which provides a visual representation of price movements over a specific time period. This chart type is great for identifying trends, support and resistance levels, and patterns. Another useful layout is the line chart, which connects the closing prices of an asset over time, providing a simplified view of price movements. Additionally, the bar chart is often used for technical analysis, as it displays the opening, closing, high, and low prices of an asset for a given time period. These chart layouts can be customized on TradingView to suit your preferences and trading strategies.
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• Dec 16, 2021 · 3 years ago
  If you're new to technical analysis of digital assets, I recommend starting with the candlestick chart layout on TradingView. This chart type provides a lot of valuable information about price movements, such as the opening, closing, high, and low prices for a specific time period. It also allows you to easily identify bullish and bearish patterns, support and resistance levels, and trend reversals. Once you're comfortable with the candlestick chart, you can explore other chart layouts like line charts and bar charts to gain different perspectives on the market. Remember, it's important to practice and experiment with different chart layouts to find the ones that work best for your trading style.
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• Dec 16, 2021 · 3 years ago
  When it comes to technical analysis of digital assets, BYDFi recommends using the candlestick chart layout on TradingView. This chart type provides a comprehensive view of price movements, making it easier to identify patterns, trends, and support and resistance levels. The candlestick chart also allows you to analyze the psychology of the market by showing the relationship between the opening, closing, high, and low prices. Additionally, TradingView offers a wide range of technical indicators and drawing tools that can be used in conjunction with the candlestick chart to enhance your analysis. Remember to always consider multiple factors and indicators when conducting technical analysis.
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