Which cryptocurrencies are commonly analyzed using volume shelf on TradingView?
Joseph WinnerDec 14, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that are commonly analyzed using the volume shelf feature on TradingView? I'm interested in knowing which cryptocurrencies traders often use this tool for and how it helps them in their analysis.
3 answers
- Dec 14, 2021 · 3 years agoCertainly! The volume shelf feature on TradingView is commonly used to analyze the trading volume of various cryptocurrencies. Some of the popular cryptocurrencies that traders often analyze using this tool include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). By using the volume shelf, traders can gain insights into the buying and selling pressure in the market, identify potential support and resistance levels, and make informed trading decisions. It's a valuable tool for technical analysis and can be used across different timeframes.
- Dec 14, 2021 · 3 years agoWhen it comes to analyzing cryptocurrencies using the volume shelf on TradingView, there are several options that traders commonly focus on. Bitcoin (BTC), being the largest and most widely traded cryptocurrency, is often analyzed using this tool. Other popular cryptocurrencies that traders frequently analyze using the volume shelf include Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have significant trading volumes and are actively traded on various exchanges, making them suitable for analysis using the volume shelf feature on TradingView.
- Dec 14, 2021 · 3 years agoAs an expert in the field, I can tell you that the volume shelf feature on TradingView is widely used by traders to analyze the trading volume of various cryptocurrencies. While Bitcoin (BTC) is the most commonly analyzed cryptocurrency using this tool, other popular cryptocurrencies such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH) are also frequently analyzed. Traders use the volume shelf to identify significant levels of buying and selling activity, which can provide insights into market trends and potential price movements. It's a valuable tool for technical analysis and can be applied to different cryptocurrencies.
Related Tags
Hot Questions
- 96
How does cryptocurrency affect my tax return?
- 87
Are there any special tax rules for crypto investors?
- 83
What are the tax implications of using cryptocurrency?
- 75
What are the best digital currencies to invest in right now?
- 67
What is the future of blockchain technology?
- 66
How can I minimize my tax liability when dealing with cryptocurrencies?
- 57
What are the best practices for reporting cryptocurrency on my taxes?
- 55
How can I buy Bitcoin with a credit card?