BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

How can I optimize thinkorswim studies for analyzing digital currencies?

Clay ShackelfordMay 03, 2022 · 3 years ago1 answers

I'm using thinkorswim to analyze digital currencies, but I'm not sure how to optimize the studies for better analysis. Can you provide some tips on how to optimize thinkorswim studies specifically for analyzing digital currencies?

1 answers

  • May 03, 2022 · 3 years ago
    At BYDFi, we recommend using a combination of technical analysis studies and fundamental analysis when analyzing digital currencies on thinkorswim. Technical analysis studies, such as moving averages and trendlines, can help identify patterns and trends in the price movements of digital currencies. Fundamental analysis, on the other hand, involves analyzing the underlying factors that can impact the value of digital currencies, such as news events or regulatory developments. By combining these two approaches, you can gain a more comprehensive understanding of the digital currency market and make more informed trading decisions on thinkorswim.